【Global Market Overnight Highlights | Thursday, September 5th】
📱 I. Tech Giant Dynamics
1️⃣ Apple Siri Major Upgrade: AI search function to be launched in 2026, agreement reached with Google to evaluate the Gemini model for the new version of Siri.
Impacted by this news, Apple's stock price rose by 3.8%, the largest increase in nearly a month.
2️⃣ OpenAI Valuation Soars: Secondary stock offering increased to $10.3 billion (from $6 billion), valuation reached $500 billion, transaction expected to be completed in October.
3️⃣ Google Fined but Stock Price Hits New High: Fined 325 million euros in France for Cookie violations, but stock price rose over 9%, driving the Nasdaq rebound.
📊 II. Global Market Performance
✅ US Stocks: Dow down 0.05%, S&P 500 up 0.51%, Nasdaq up 1.02% (tech stocks leading the gains).
✅ European Stocks: All closed higher, German DAX up 0.31%, French CAC40 up 0.86%.
✅ Asian Stocks: Hang Seng night session slightly up 0.03%, A50 futures down 0.10%.
✅ Commodities:
International oil prices down over 2% (OPEC+ considering increasing production)
Gold Reaches New Highs, Spot Gold Stands Above $3570/oz
🏛️ III. Macro and Policy Focus
1️⃣ Fed Beige Book: Economic activity "almost unchanged," prices generally up, employment stalled.
2️⃣ Fed Officials Speak:
Kashkari: There is room for rate cuts, but no timetable mentioned
Milan (Governor nominee): Pledged to maintain FOMC independence
3️⃣ Payment Innovation Conference: The Fed will discuss stablecoins, AI, and tokenization on October 21.
4️⃣ Bank of England: Bailey says the direction of rate cuts remains unchanged, but timing uncertainty has increased.
⚖️ IV. Other News
Trump administration's freeze on Harvard funding ruled illegal
OPEC+ considering a new round of production increases, oil prices under pressure
🔍 Key Points to Watch Today
Can tech stocks continue their strong performance?
Can gold stabilize at $3570 after the breakout?
The pressure on oil prices from OPEC+'s expected production increase