Overnight US stocks | NASDAQ rose four times in a row, Sandiq (SNDK.US) rose 6.8%, US and Brazil fell
The Zhitong Finance App learned that on Tuesday, the three major indices had mixed ups and downs, and the NASDAQ reached a record high in the intraday period. The media said that if the US takes action to ease military pressure, Iran may reopen the Strait of Hormuz within 7 days. Oil prices fell on Tuesday due to this news.
[US Stocks] At the close, the Dow Jones index fell 185.03 points, or 0.36%, to 51863.80 points; the S&P 500 rose 0.14 points, or 0.00%, to 7764.84 points; and the Nasdaq Composite rose 122.18 points, or 0.45%, to 27244.28 points. Micron Technology (MU.US) rose 5%, SK Hynix (SKHY.US) rose more than 3%, SanDisk (SNDK.US) rose 6.8%, and Cisco (CSCO.US) fell more than 4%. The Nasdaq China Golden Dragon Index rose 0.32%, and Alibaba (BABA.US) rose 0.45%.
[European stocks] The German DAX30 index rose 14.08 points, or 0.06%, to 25587.74 points; the British FTSE 100 index fell 29.86 points, or 0.28%, to 10709.15 points; the French CAC40 index rose 15.97 points, or 0.20%, to 8154.91 points; the European Stoxx 50 index rose 6.85 points, or 0.11%, to 6325.05 points; the Spanish IBEX35 index rose 27.94 points, or 0.14%, to report 19752.34 points; Italy's FTSE MIB index fell 270.04 points, or 0.52%, to 52101.50 points.
[Asian Stock Market] The Nikkei 225 Index rose 1.38%, the Korea Composite Index rose 0.15%, and India's Mumbai 30 Index fell 0.44%
[US Dollar Index] The US dollar index, which measures the US dollar against the six major currencies, rose 0.17% on the same day and closed at 100.603 at the end of the foreign exchange market. As of the end of the exchange market in New York, 1 euro was worth 1.1442 US dollars, lower than 1.1465 US dollars on the previous trading day; 1 pound was worth 1.3335 US dollars, lower than 1.3369 US dollars on the previous trading day. 1 US dollar was worth 157.50 yen, up from 157.45 yen on the previous trading day; 1 US dollar was worth 0.8212 Swiss franc, lower than 0.8213 Swiss franc on the previous trading day; 1 US dollar was worth 1.4068 Canadian dollars, higher than 1.4039 Canadian dollars on the previous trading day; 1 US dollar was worth 9.8487 SEK, up from 9.8398 on the previous trading day.
[Cryptocurrency] Bitcoin hovered around $86,130 as of press release; Ethereum fell more than 1.2% to $2,744.
[Crude oil] Light crude oil futures for October delivery on the New York Mercantile Exchange fell $1.19, or 1.24%, to close at $94.59 a barrel; London Brent crude oil futures for November delivery fell $1.09, or 1.09%, to close at $99.25 a barrel.
[Precious Metals] Spot gold reports 4358.6 US dollars/ounce; spot silver reports 67.21 US dollars/ounce.
[Macro News]
New York Federal Reserve official: The monetary policy toolbox works well. Treasury bill purchases depend on market needs. New York Federal Reserve System Open Market Account Manager Perley said that the Federal Reserve's monetary policy control toolbox continues to be very effective. “We have maintained a very strong interest rate control, kept our reserves within a sufficient range, and our treasury bill purchases are running smoothly,” Perley said. He also said that the Federal Reserve's recent move to increase liquidity to the financial system (currently suspended) is not a predetermined path, implying that the Fed may buy treasury bonds again if it thinks it needs to boost market liquidity. He also said that the so-called Reserve Management Purchase (RMP) treasury notes will be adjusted according to market liquidity requirements.
Anthropic unveiled a more affordable Opus 5.5 model ahead of the IPO. Anthropic is launching a new artificial intelligence model designed to handle multiple commercial tasks at a lower cost, as part of the company's move to maintain a competitive edge ahead of the highly anticipated Wall Street listing. The company released the Claude Opus 5.5 model on Tuesday, which allegedly performs as well as Anthropic's more powerful Fable 5.1 in most work scenarios, but is far less expensive to use than the previous Opus 5 version. Anthropic said the new model was also outputting faster than the Opus 5 and was found to be generating more clear content. The AI development company plans to continue expanding its 5.5 series models and launch new versions of Claude Sonnet and Haiku in the coming weeks.
Federal Reserve Barkin: Inflationary pressure will take time to subside. Federal Reserve Barkin warned that the impact of inflation may take some time to ease, and there is a risk that inflationary pressure will remain high and become entrenched. Barkin said that the Federal Reserve's interest rate hike last week would help slow inflation, but he did not specify whether further policy tightening was needed. Instead, the Federal Reserve official stressed that supply shocks are no longer just an occasional or temporary phenomenon, but continue to affect price pressures across the economy. “These conditions may subside over time, but I expect this will take some time,” Barkin said. “During this period, the current level of inflation remains high, which may have an impact on future inflation.” Barkin said, “What should we do next? We are committed to sustainably reducing the inflation rate to the target level of 2%. Will last week's rate hike help with this, are there any further interest rate hikes needed, and how many times? We'll wait and see.” The Federal Reserve official also proposed two inflationary trend scenarios: the first is that recent shocks have gradually subsided, and price pressure has cooled rapidly; the second is that inflationary pressure continues. “I'm open to the possibility that inflation may fall back soon. “Some recent shocks may be reversed,” Barkin said, adding that consumers may “reach the limit,” investment growth may slow, and employment may “fluctuate.” “Inflation, on the other hand, is likely to be harder to contain than anticipated. “The temporary shock is likely to continue,” he said. “There may be new cost pressures. Stronger demand is likely to be transmitted to prices, as is the impact of today's inflation.”
OpenAI will allow external agencies to evaluate artificial intelligence models at an earlier stage. OpenAI plans to have a third-party agency review the security risks of its artificial intelligence models early in the development cycle as part of its ongoing response to growing public concerns about the potential harms of the technology. The company announced in a blog post on Tuesday that it will allow external organizations to conduct technical safety assessments of new AI models as they train, evaluate, and launch new AI models. OpenAI also identified priorities for ensuring the effective operation of such reviews, including ensuring “strong independence mechanisms, scientific rigor, sound security measures, and clear division of responsibilities.” Lama Ahmad, who is responsible for the company's security review in collaboration with external experts, said that previously, OpenAI usually invited such groups to conduct safety assessments and evaluate their capabilities before models are released. “As risks increase, we want to focus not only on deployment issues, but also on high-risk aspects such as training and evaluation.”
[Individual Stock News]
The US Securities and Exchange plans to reduce the right of retail investors to make proposals, and Microsoft promised to maintain the current threshold for one year. Microsoft (MSFT.US) will continue to review shareholder proposals before next year's annual shareholders' meeting. This move is at the request of rights activist Paul Chaser to protect investor rights as the US Securities and Exchange (SEC) plans to tighten shareholder proposal rules. According to reports, Microsoft will continue to use the threshold for existing investors to submit a resolution, even if the SEC is considering relevant changes — critics say these changes will marginalize groups that have had a say for decades, such as individual investors, religious groups, and trade unions. The agreement lasts for one year, but could effectively offset the SEC's efforts to shift power from investors to executives. Chase wants Microsoft's approach to be a model for governance to ensure retail investors have a say. A Microsoft spokesperson said that in view of the SEC's announcement to review the regulatory framework for shareholder proposals, the company agreed to maintain the current eligibility threshold for one year to provide a clear and predictable process for the next power of attorney cycle.
Meta is testing the “human concierge” function of its new personal AI assistant, Muse. According to internal company posts seen by the media, Meta Platforms (META.US) is testing an “artificial concierge” model for its new artificial intelligence personal assistant Muse, where real customer service staff quietly answer some calls made through a digital assistant. Last week, the company introduced this test to employees after the company had just publicly launched Muse's calling feature. Some employees raised privacy concerns about human customer service handling calls, warning that this could result in sensitive information being inadvertently leaked to call center contractors. When asked about the feature, a Meta spokesperson said that employee feedback was “overwhelmingly positive” and that the purpose of this test was “to gather user feedback to improve security and privacy protection measures and improve related features before official release.” The spokesperson said, “We are working with merchants to continue improving this potential calling feature and will only launch it once the feature is ready and accompanied by appropriate disclosure instructions.”
Apple is developing a new fitness tracker designed to compete with Whoop. According to people familiar with the matter, Apple (AAPL.US) is developing a screenless health and fitness tracker similar to Whoop's wristband device as part of replanning its smartwatch product line and introducing new wearable technology. People familiar with the matter said the company has been exploring the field for several months and is working on a prototype. The project has received support from top management, but Apple has yet to decide whether to launch the product. Currently, the project is still in its early stages, and is internally called a “technical survey”. If Apple decides to release it, the device will most likely not be available before 2028.
SpaceXAI's Grok Bot smart surpassed 400,000 weekly users in the first month. About a month after the launch of the Grok Bot artificial intelligence robot under SpaceX (SPCX.US) AI, the number of weekly active users has exceeded 400,000. This figure shows that initial market demand for its products is still moderate. According to live presentation data, as of September 14, the number of Grok Bot users reached 418,000, an increase of 24% over the previous week. SpaceX's artificial intelligence division launched Grok Bot in mid-August to address growing competition in the AI smart device market and catch up with Anthropic PBC and OpenAI. Grok Bot was designed to be more like an employee who works around the clock than a chatbot. The product can process emails, update sales databases, process invoices, schedule workflows, or submit reports of software bugs.