Skip to content
Coincamps
Search news

Key pre-market US stock news: Fed to announce rate decision at 2 a.m.

Oct 28, 20:36

October 28 — According to Cailian Press, the key US stock market financial news investors should focus on is as follows:\

  1. US stock index futures edged higher. Dow futures rose 0.04%, S&P 500 futures rose 0.23%, and Nasdaq 100 futures rose 0.42%.\
  2. International oil prices rose across the board. WTI crude futures rose 1.91% to $101.808/barrel; Brent crude futures rose 1.69% to $111.260/barrel.\
  3. Spot gold and spot silver both fell. Spot gold fell 0.11% to $4,055.75/oz; spot silver fell 0.61% to $54.06/oz.\
  4. Europe's three major stock indexes were mixed. The UK's FTSE 100 fell 0.09%, France's CAC 40 fell 0.07%, and Germany's DAX 30 rose 0.28%.\
  5. Nvidia announced plans to expand Oracle Cloud Infrastructure (OCI) superclusters to multi-gigawatt scale based on NVIDIA Vera Rubin NVL72 systems.\
  6. Tesla plans to use Optimus humanoid robots to plug in and unplug charging guns for its robotaxi (Robotaxi) vehicles, an approach that will serve as a transitional measure before its fully automatic wireless charging system is officially deployed.\
  7. Google's DeepMind officially unveiled its latest-generation world model Genie 4, calling it "the most realistic and interactive world model to date." The model can deliver highly realistic real-time interactive simulation.\
  8. OpenAI plans to purchase Google's tensor processing unit (TPU) chips; the transaction amount and specific procurement scale have not been disclosed. OpenAI had already begun renting Google TPUs.\
  9. Benefiting from the continued AI infrastructure wave, leading US liquid cooling player Vertiv beat market expectations on both third-quarter revenue and its fourth-quarter outlook, and its shares surged nearly 17% pre-market.\
  10. Qualcomm plans to hold the global debut of a 6G terminal prototype at the 9th China International Import Expo (CIIE). In addition, the booth will also showcase a range of smart terminals including AI PCs, smart glasses, automobiles and robots.\
  11. The CEO of SK Hynix said that DRAM and HBM capacity will be "nearly sold out" over the next three years, and orders currently under negotiation have a high likelihood of materializing.\
  12. The Federal Reserve will announce its interest rate decision at 2 p.m. US Eastern time (2 a.m. Beijing time on October 29). Market pricing shows the probability of a rate hike this time is only about 7% to 10%.