U.S. Stock Market Premarket News: Waller Makes His Federal Reserve Debut; Nvidia Increases Investment in Optical Interconnect Capacity
Odaily News: A summary of key pre-market news for US stocks:
1. The three major US stock index futures showed mixed performance. Dow Jones index futures fell by 0.08%, S&P 500 index futures rose by 0.06%, and Nasdaq 100 index futures rose by 0.61%.
2. International oil prices turned from a decline to an increase during the session. WTI crude oil futures rose by 0.91% to $75.957 per barrel; Brent crude oil futures rose by 0.98% to $79.730 per barrel.
3. International spot gold and silver prices edged down. Spot gold prices dropped by 0.05% to $4,328.95 per ounce; spot silver prices fell by 0.14% to $69.90 per ounce.
4. The Federal Reserve will announce its latest interest rate decision, policy statement, and economic forecast at 2:00 AM (GMT+8) on the 18th. At 2:30 AM, the new Fed Chair, Walsh, will hold his first press conference after the rate meeting.
5. Optical interconnect leader Coherent, together with NVIDIA, held a groundbreaking ceremony for the expansion of its indium phosphide plant in Texas, focusing on 6-inch indium phosphide wafers and optical interconnect capacity to support AI data transmission at the speed of light between racks.
6. JPMorgan estimates that by 2030, hyperscale AI data center operators will invest about $5.5 trillion, an increase of $400 billion compared to previous forecasts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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