Market Overview - The U.S. stock index futures showed positive movement before the market opened, with Nasdaq 100 futures up 0.90%, S&P 500 futures up 0.62%, and Dow futures up 0.47% following the release of favorable economic data [1] - Gold prices experienced volatility, dropping to $4043 per ounce before rebounding slightly after the U.S. CPI data was released, although gold still faced a weekly decline of nearly 4% [1] Economic Data - The U.S. core CPI for September increased by 3% year-on-year, slightly below the expected 3.1%, and showed a month-on-month growth of 0.2%, compared to the forecast of 0.3% [2] - Analysts indicated that regardless of the inflation data, it would not impact the Federal Reserve's expected interest rate cut next week, but the lower-than-expected inflation data has stimulated bullish sentiment [2] Federal Reserve Expectations - Market participants have fully priced in the expectation of a rate cut by the Federal Reserve next week, with additional expectations for a 25 basis point cut in December [3][5] Earnings Season Insights - As nearly a quarter of earnings reports have been released, Barclays reported a 4% year-on-year increase in earnings per share in Europe and a 14% increase in the U.S., both exceeding expectations [5] - The upcoming earnings reports from major tech companies such as Apple, Microsoft, Alphabet, Amazon, and Meta are anticipated to be a significant test for the market [5] Company-Specific News - Intel's stock rose over 5% in pre-market trading due to third-quarter results and guidance exceeding Wall Street expectations, bolstered by a $5.2 billion gain from completing the Altera transaction and selling Mobileye shares [7] - Ford's stock increased by 3% as investors shifted focus from the impact of a fire at its Novelis aluminum plant and a lowered profit guidance for fiscal year 2025 to its better-than-expected third-quarter results [7] - Newmont Gold's stock fell nearly 6% due to a decline in production, which hindered its ability to benefit from record gold prices, compounded by ongoing adjustments in gold prices [7] - Procter & Gamble's stock rose over 3% driven by strong demand for beauty products, with organic sales growth exceeding expectations [7] Other Market Developments - JPMorgan plans to allow institutional clients to use Bitcoin and Ethereum as collateral for loans by the end of the year, relying on third-party custodians for token storage [7] - SpaceX is reportedly set to provide satellite communication services for Apple's iPhone, integrating existing satellite functionality into new satellite designs [7] - IBM announced that a key quantum computing algorithm can run on standard AMD chips, indicating practical applications for its technology [8]
美股盘前直线拉升 市场充分定价美联储10月、12月降息｜今夜看点
Sou Hu Cai Jing·2025-10-24 13:26