{Economic Information Agency 30th special report} Yesterday, the three major US stock indices all closed lower. The market was dragged down by the continuous rise in US Treasury yields and weakening consumer confidence. Investors are also awaiting inflation and employment data to be released this week to assess the Federal Reserve's future interest rate path. The Dow Jones closed down 131.59 points, or 0.26%, at 51,349.92 points; the S&P 500 fell 12.85 points, or 0.17%, to 7,670.84 points; the Nasdaq fell 22.84 points, or 0.09%, to 26,797.54 points. In Hong Kong, the Hang Seng Index closed at 24,613, up 89 points or 0.4%, with turnover of HK$187.2 billion.
Regarding major economic events around the world, at 11:45pm tonight Hong Kong time, ECB Executive Board member Schnabel will deliver a speech. At 1:30am on the 1st, Richmond Federal Reserve President Barkin will give opening remarks at an investment conference.
On the data front, at 8:00pm tonight, Germany will release September's Consumer Price Index, with the month-on-month increase expected to widen from 0.2% to 0.5%, and the year-on-year increase expected to expand from 2.9% to 3.1%. At 8:15pm, the US will release September's ADP employment change, expected to rise from 38,000 to 75,000. At 8:30pm, the US will release the Q2 GDP price index, expected to rise from 3.6% to 6.4%; Q2 personal consumption is expected to rise from 0.5% to 3.4%; August personal consumption is expected to rise from 0.2% to 0.9%; August personal income is expected to rise from 0.4% to 0.5%; the August wholesale inventory month-on-month increase is expected to narrow from 1.3% to 0.5%. At 9:45pm, the US will release the September Chicago Purchasing Managers Index, expected to rise from 47.1 to 51. (wa)
Regarding major economic events around the world, at 11:45pm tonight Hong Kong time, ECB Executive Board member Schnabel will deliver a speech. At 1:30am on the 1st, Richmond Federal Reserve President Barkin will give opening remarks at an investment conference.
On the data front, at 8:00pm tonight, Germany will release September's Consumer Price Index, with the month-on-month increase expected to widen from 0.2% to 0.5%, and the year-on-year increase expected to expand from 2.9% to 3.1%. At 8:15pm, the US will release September's ADP employment change, expected to rise from 38,000 to 75,000. At 8:30pm, the US will release the Q2 GDP price index, expected to rise from 3.6% to 6.4%; Q2 personal consumption is expected to rise from 0.5% to 3.4%; August personal consumption is expected to rise from 0.2% to 0.9%; August personal income is expected to rise from 0.4% to 0.5%; the August wholesale inventory month-on-month increase is expected to narrow from 1.3% to 0.5%. At 9:45pm, the US will release the September Chicago Purchasing Managers Index, expected to rise from 47.1 to 51. (wa)
