---
title: "Global news you need to know before the U.S. stock market opens on Thursday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261457945.md"
description: "Spot gold hits a historic high, standing at $4,250 per ounce. The Federal Reserve has differing opinions on interest rate cuts, and French Prime Minister Élisabeth Borne successfully fends off a no-confidence motion. The U.S. Treasury Secretary states that the yen is reasonable, and Taiwan Semiconductor's Q3 net profit reaches a record high, with strong demand for AI chips. Nestlé's Q3 sales exceed expectations, planning to lay off 16,000 employees. ByteDance's Doubao large model sees a daily usage exceeding 30 trillion. Nio faces a lawsuit from a Singapore sovereign fund, and JP Morgan upgrades Pop Mart's rating. The Nikkei 225 rises by 1.3%, the Shanghai Composite Index increases by 0.1%, and the Hang Seng Index falls by 0.09%"
datetime: "2025-10-16T13:01:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261457945.md)
  - [en](https://longbridge.com/en/news/261457945.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261457945.md)
generator: "portal-rs"
---

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

Spot gold has risen above $4,250 per ounce, setting a new historical high, with a daily increase of 1%.  
 The Federal Reserve's interest rate cut pace shows divergence: Waller advocates for cautious rate cuts, while Milan calls for a more significant 50 basis points cut.  
 French Prime Minister Le Maire survives a no-confidence motion, preventing the government from collapsing again, providing the market with a temporary respite.  
 U.S. Treasury Secretary Yellen: As long as the Bank of Japan's measures are appropriate, the yen will be at a reasonable level.  
 Demand for AI chips remains strong, with Taiwan Semiconductor's Q3 net profit reaching a historical high, exceeding expectations with a 39% growth, and capital expenditure reaching $9.7 billion.  
 Taiwan Semiconductor's earnings call: Confidence in the major trend of artificial intelligence is "increasing," raising the annual sales forecast and the lower limit of capital expenditure.  
 Nestlé's Q3 sales exceeded expectations, planning to lay off 16,000 employees, with stock prices hitting the largest increase since 2008.  
 ByteDance's latest disclosure: The daily tokens usage of the Doubao large model exceeds 30 trillion.  
 Nio is being sued by Singapore's sovereign wealth fund, with related allegations clarified three years ago.  
 JP Morgan upgraded Pop Mart's rating to "Overweight," raising the target price from HKD 300 to HKD 320.  
 The Nikkei 225 rose by 1.3%, the Shanghai Composite Index rose by 0.1%; the Hang Seng Index fell by 0.09%

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**