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Global news you need to know before the U.S. stock market opens on Thursday

Wallstreetcn
Sep 4, 2025 at 12:54 PM

State Council: Encourage regions with conditions to issue digital RMB sports consumption red envelopes and support eligible sports companies to go public.
Two departments: Carry out adaptive testing for artificial intelligence chips and large models, and unswervingly promote "national goods for national use."
Kirin chip reappears after four years! Huawei releases new foldable Mate XTs: PC applications on mobile phones, starting at 17,999 yuan.
In August, the U.S. ADP added jobs slowed to 54,000, reinforcing expectations for the Federal Reserve to cut interest rates.
The number of initial jobless claims in the U.S. rose to 237,000 last week, slightly exceeding expectations.
August Challenger Report: Companies' hiring intentions fell to a historic low, and layoffs surged.
In July, the U.S. trade deficit widened to a four-month high, as companies concentrated imports before Trump's new tariffs.
Report: India lowers consumption tax to counter tariff shocks, exporters reportedly plan to lobby the central bank for exchange rate support.
Yen short-term rebound, report: The U.S. and Japan are close to reaching an agreement to reduce auto tariffs.
October rate hike in Japan? The key is "whether Shigeru Ishiba will step down by then."
According to Bloomberg, DeepSeek reportedly plans to release an AI model with more advanced agent capabilities by the end of the year.
Goldman Sachs warns: If the Federal Reserve's credibility is damaged, gold could soar to nearly $5,000.
U.S. pre-market: Credo surged 13%, Salesforce fell 6%, U.S. Treasury yields retreated, and spot gold slightly adjusted.
Nikkei 225 index closed up 1.5%, Shanghai Composite Index closed down 1.25%, Hang Seng Index closed down 1.12%.
Reminder: At 22:00 Beijing time, the U.S. August ISM Non-Manufacturing Index will be released

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

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