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

Labor market pressure is moderate, with 214,000 initial jobless claims in the U.S. last week, a slight decline from the previous value. Precious metals are surging, with gold breaking through $4,500 per ounce during trading, and silver rising to $72 per ounce, both hitting historical highs. Japan plans to issue 17 trillion yen in ultra-long-term government bonds next year, the lowest scale in 17 years. Intel's U.S. stock fell by as much as 5% in pre-market trading, following reports that NVIDIA has paused testing of Intel's 18A process. Reports indicate that Samsung and SK Hynix are raising HBM3E prices for next year by nearly 20%. Reports also state that Samsung Electronics is slowing down the phase-out of DDR4 production and will sign long-term agreements with customers that cannot be canceled or changed. Sanofi plans to acquire the U.S. vaccine company Dynavax for $2.2 billion, strengthening its adult vaccine portfolio. BP has agreed to sell a 65% stake in Castrol to investment firm Stonepeak. The Nikkei 225 closed down 0.1%, while the Shanghai Composite Index closed up 0.53%; the Hang Seng Index closed up 0.17%