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

Wallstreetcn
2025.09.24 13:06

Support service exports, 9 departments release 13 policy measures!
The Ministry of Commerce and 8 other departments: Increase the effective supply of artificial intelligence terminal products, and carry out pilot projects for the access and road use of intelligent connected vehicles.
Directly hitting Alibaba's 2025 Yunqi Conference: Additional capital expenditure will be made on top of the 380 billion, and a physical AI cooperation has been reached with NVIDIA.
U.S. Treasury Secretary Yellen: The U.S. is discussing a $20 billion swap line with Argentina and is preparing to purchase the country's dollar bonds.
U.S. Treasury Secretary Yellen questions why Powell is "backing down," calling for a reduction in interest rates.
The euro continues to decline against the dollar, with reports that the EU is urging the U.S. to restart steel tariff negotiations.
Germany's September IFO Business Expectations Index fell to 89.7, the lowest since April.
SAP and OpenAI announce a partnership, planning to launch a "German version of OpenAI."
Saudi stock market surged 5%, with reports that the country may lift foreign ownership restrictions on local stocks.
Oracle's U.S. stock fell over 1% in pre-market trading, as the company plans to raise about $15 billion through the issuance of corporate bonds.
U.S. stock index futures collectively rose, Alibaba surged 10% in pre-market trading, spot gold remained high, and the dollar rose.
Nikkei 225 index closed up 0.3%, Shanghai Composite Index closed up 0.83%, Hang Seng Index closed up 1.37%