U.S. stocks open lower: All three major indexes start lower; memory chip stocks fall, with Micron and SanDisk down more than 2%
Among major tech stocks, Apple rose 1.38%, SpaceX fell 1.64%, and Advanced Micro Devices fell 1.97%. Among U.S.-listed Chinese stocks, Li Auto rose 1.20%, while Alibaba fell 2.28%. Memory chip stocks fell, with Micron and SanDisk down more than 2%.
Commodities: International oil prices edged higher; precious metals plunged, with spot gold falling below the $4,100 mark and spot silver down more than 3% at one point.
On the news front, on the 7th local time, Naghdi, an adviser to the commander of Iran’s Islamic Revolutionary Guard Corps, said the Strait of Hormuz had been closed and that Iran would block the “illegal shipping lanes” in the strait. He said this would continue until Iran’s legitimate demands were met.
According to U.S. media reports, speaking at Point of Rocks in Maryland on the 6th, U.S. President Donald Trump said the military operation against Iran “has to be wrapped up.” Trump said the U.S. military operation against Iran had been “doing great” and “has to be wrapped up”; the only question to consider was how to end it, “in a gentle way or a tough way.”
In the early hours of the 8th Beijing time, the Federal Reserve will release the minutes of its September meeting. According to CME Group’s FedWatch tool, the probability that the Fed will leave interest rates unchanged through October is 79.5%, while the probability of a cumulative 25-basis-point rate hike is 20.5%.
On the 7th Beijing time, the yield on U.S. 30-year Treasury bonds rose to 5.7041%, its highest level since 2002. $BTC $SOXL $SNDK
Among major tech stocks, Apple rose 1.38%, SpaceX fell 1.64%, and Advanced Micro Devices fell 1.97%. Among U.S.-listed Chinese stocks, Li Auto rose 1.20%, while Alibaba fell 2.28%. Memory chip stocks fell, with Micron and SanDisk down more than 2%.
Commodities: International oil prices edged higher; precious metals plunged, with spot gold falling below the $4,100 mark and spot silver down more than 3% at one point.
On the news front, on the 7th local time, Naghdi, an adviser to the commander of Iran’s Islamic Revolutionary Guard Corps, said the Strait of Hormuz had been closed and that Iran would block the “illegal shipping lanes” in the strait. He said this would continue until Iran’s legitimate demands were met.
According to U.S. media reports, speaking at Point of Rocks in Maryland on the 6th, U.S. President Donald Trump said the military operation against Iran “has to be wrapped up.” Trump said the U.S. military operation against Iran had been “doing great” and “has to be wrapped up”; the only question to consider was how to end it, “in a gentle way or a tough way.”
In the early hours of the 8th Beijing time, the Federal Reserve will release the minutes of its September meeting. According to CME Group’s FedWatch tool, the probability that the Fed will leave interest rates unchanged through October is 79.5%, while the probability of a cumulative 25-basis-point rate hike is 20.5%.
On the 7th Beijing time, the yield on U.S. 30-year Treasury bonds rose to 5.7041%, its highest level since 2002. $BTC $SOXL $SNDK