Market Overview - Major global stock indices showed positive performance, with the Dow Jones Industrial Average up by 381.53 points (0.81%) to 47,368.63, and the Nasdaq rising by 522.63 points (2.27%) to 23,527.17 [1] - The S&P 500 increased by 103.63 points (1.54%) to 6,832.43, while the European Stoxx 50 rose by 97.93 points (1.76%) to 5,664.46 [1] - Asian markets also saw gains, with the Hang Seng Index up by 407.23 points (1.55%) to 26,649.06 and the Nikkei 225 increasing by 635.39 points (1.26%) to 50,911.76 [1] Federal Reserve Insights - Federal Reserve Governor Milan indicated that a rate cut of at least 25 basis points is expected in December, with a 50 basis point cut being appropriate [2][3] - The Fed's perspective has become more dovish since September, with a noted decrease in the effective federal funds rate by 250 basis points over the past year [3] Trade Relations - The U.S. Trade Representative announced a suspension of the 301 investigation measures against China's shipbuilding industry, reflecting a step towards cooperation between the U.S. and China [3] - The Chinese government has also suspended related countermeasures, aiming to maintain a fair competitive environment in international shipping and shipbuilding markets [3] Corporate Developments - Warren Buffett plans to accelerate wealth donations to his children's foundations, converting 1,800 shares of Class A stock into 2.7 million shares of Class B stock for this purpose [6] - Waymo appointed Steve Fieler as the new Chief Financial Officer, emphasizing his extensive experience as crucial for the company's next phase [7] - Intel's CEO, Lip-Bu Tan, will take over the artificial intelligence business following the departure of CTO Sachin Katti [8] - Apple has decided to delay the release of the next-generation iPhone Air, originally planned for fall 2026, due to weak sales performance [9]
24小时环球政经要闻全览 | 11月11日