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Musk: To ensure a smooth flight, two of Starships Raptor engines will be removed and replaced.Bernstein raised its 2026 gold price target to $4,533 per ounce, citing central banks diversifying their reserves and the expectation that the Federal Reserve will raise interest rates only once or twice in the next year.July 17 (Futures News) – According to foreign media reports, soybean oil futures on the Chicago Board of Trade (CBOT) closed lower on Thursday, with the benchmark contract down 0.5%, mainly reflecting weakness in international crude oil futures and the unlocking of oilseed meal arbitrage opportunities. The U.S. Department of Agricultures weekly export sales report showed that for the week ending July 9, 2026, net sales of U.S. soybean oil for the 2025/26 marketing year decreased by 300 tons, compared to 900 tons a week earlier.Federal Reserve Vice Chairman Jefferson: Welcomes more economic activity, but opposes rising unemployment.1. Global semiconductor stocks suffered a massive sell-off on Thursday, with investors questioning the sustainability of the AI-driven rally. The South Korean KOSPI fell over 6%, triggering another circuit breaker during trading; SK Hynix fell over 11%, the Nikkei 225 fell 2.79%, and Kioxia fell 15%. A-shares also saw a significant correction, with the Shanghai Composite Index falling below 3900 points. 2. All three major U.S. stock indexes closed lower. The Dow Jones Industrial Average fell 0.2% to 52,552.97 points, the S&P 500 fell 0.51% to 7,533.77 points, and the Nasdaq Composite fell 1.47% to 25,881.95 points. Goldman Sachs fell nearly 5%, and Google fell over 4%, leading the decline in the Dow. The Wind US Tech Big Seven Index fell 1.31%, with Facebook and Nvidia falling over 2%. SpaceX fell over 3%. Semiconductor and memory stocks also plummeted, with Seagate Technology falling 10% and Western Digital falling over 9%. 3. European stock indices closed mixed. The German DAX index fell 0.34% to 24,915.49 points, the French CAC40 index fell 0.05% to 8,377.86 points, and the UK FTSE 100 index rose 0.54% to 10,572.24 points. 4. International precious metals futures generally closed lower. COMEX gold futures fell 1.77% to $3,979.90 per ounce, and COMEX silver futures fell 2.90% to $55.77 per ounce. 5. The WTI crude oil futures contract closed down 0.03% at $79.58 per barrel; the Brent crude oil futures contract fell 0.11% to $84.86 per barrel.