Market Overview - US stocks retreated with the Dow Jones Industrial Average down approximately 0.4%, S&P 500 down 0.2%, and Nasdaq Composite down about 0.1% as investors anticipated Federal Reserve speakers and inflation data [1] - Gold reached a new all-time high of over $3,750 amid expectations of two more interest rate cuts by the Fed before the end of 2025 [2] Inflation and Federal Reserve - Markets are awaiting the personal consumption expenditures (PCE) price index reading on Friday, which is expected to show persistent but manageable price pressures, influencing the likelihood of a quarter-point rate cut in October [3] - A packed schedule of Federal Reserve speakers, including Chair Jerome Powell and newly appointed Stephen Miran, is set to provide insights into future policy directions [4] Corporate Impact - The recent immigration policy changes, including a $100,000 fee for H1-B work visas, have raised concerns among major tech companies like Microsoft and Goldman Sachs, leading to mixed early trading for their shares [5] - Upcoming earnings reports from Micron Technology and Costco are anticipated to provide insights into AI-driven demand and consumer spending trends, respectively [5]

Group 1 - US stock futures declined by approximately 0.4% following a week where the Dow Jones Industrial Average and S&P 500 reached all-time highs [1][2] - The Federal Reserve's recent quarter-point interest rate cut has led to discussions on Wall Street regarding its potential impact on market stability and the labor market [2] - Investors are anticipating the upcoming personal consumption expenditures (PCE) price index report, which is expected to show persistent pricing pressures while remaining manageable for the Fed's policy [3] Group 2 - Micron Technology is under scrutiny as investors await updates on AI-driven demand and revenue guidance following a recent increase [4] - Costco is also being monitored as a key indicator of consumer spending patterns during the earnings reporting period [4] - BYD's stock fell significantly after reports indicated that Warren Buffett's investment firm sold its entire stake in the Chinese electric vehicle manufacturer [4] - Samsung Electronics' stock rose over 5% after announcing a deal with Nvidia for the use of advanced memory chips, marking a significant development for the company [6]