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Real-time News
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.Federal Reserve Vice Chairman Jefferson: If the increased productivity of artificial intelligence can reduce production costs sooner, inflation may face downward pressure.Federal Reserve Vice Chairman Jefferson: The economic shock caused by artificial intelligence may have a lasting impact on supply and demand.Federal Reserve Vice Chairman Jefferson: A series of rapid shocks could cause inflation to solidify and inflation expectations to lose their anchor.Federal Reserve Vice Chairman Jefferson: We cannot look at each factor in isolation; we must consider the overall economy when making policies.

Real-time News

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2026/07/17
Important Only
  • 07:07:44

    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.

  • 07:03:15

    Federal Reserve Vice Chairman Jefferson: If the increased productivity of artificial intelligence can reduce production costs sooner, inflation may face downward pressure.

  • 07:02:21

    Federal Reserve Vice Chairman Jefferson: The economic shock caused by artificial intelligence may have a lasting impact on supply and demand.

  • 07:02:17

    Federal Reserve Vice Chairman Jefferson: A series of rapid shocks could cause inflation to solidify and inflation expectations to lose their anchor.

  • 07:02:08

    Federal Reserve Vice Chairman Jefferson: We cannot look at each factor in isolation; we must consider the overall economy when making policies.

  • 07:02:07

    Federal Reserve Vice Chairman Jefferson: The current situation reflects a policy dilemma, with tensions between the dual mandates.

  • 07:01:59

    Federal Reserve Vice Chairman Jefferson: The impact of the Middle East conflict on demand is expected to be limited because the United States is a net oil exporter and its economy is less dependent on oil.

  • 07:01:49

    Federal Reserve Vice Chairman Jefferson: We are currently watching two important developments (the Middle East conflict and the proliferation of artificial intelligence).

  • 07:01:25

    Federal Reserve Vice Chairman Jefferson: Current policy is able to respond effectively based on the latest data, the changing outlook, and the balance of risks.

  • 07:01:06

    Federal Reserve Vice Chairman Jefferson: We are firmly committed to restoring inflation to the 2% target, which is consistent with our dual mandate.

  • 07:00:47

    Federal Reserve Vice Chairman Jefferson: The current policy stance should support the job market and, as the effects of tariffs and energy prices are transmitted, bring inflation back onto a path of decline toward 2%.

  • 07:00:18

    According to CNBC, Microsoft's (MSFT.O) CEO told employees that Anthropic's restrictions on requests from Fable AI model users are pointless.

  • 06:58:55

    Musk: Some of Starship's engines failed to start, triggering an automatic launch abort. Propellant unloading is currently underway. The next launch attempt is expected in a few days.

  • 06:50:32

    SpaceX (SPCX.O) shares fell 4% in after-hours trading after Starship aborted its launch at the last minute before liftoff during its 13th test flight in Texas.

  • 06:50:00

    Federal Reserve Vice Chairman Jefferson will speak on the economy and monetary policy in ten minutes.

  • 06:48:56

    SpaceX (SPCX.O): Today's Starship test flight has been cancelled.

  • 06:47:38

    Video footage shows that the countdown to SpaceX's (SPCX.O) Starship's 13th test flight has been paused.

  • 06:44:45

    Libya's National Oil Corporation: The Iasar oil discovery by Austrian multinational oil and gas group OMV has an estimated reserve of 195 million barrels and a daily production of about 5,000 barrels.

  • 06:26:04

    Sources say JPMorgan Chase and Morgan Stanley will provide $50 billion in acquisition financing for PayPal (PYPL.O) and act as advisors.

  • 06:25:05

    Sources say the PayPal (PYPL.O) board is evaluating the acquisition offer against its independent growth strategy; it is expected to meet again to discuss the matter while negotiations continue.