The Federal Reserve announced a "hawkish rate cut" and Micron Technology fell more than 16% premarket due to weak guidance
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1. The three major U. stock index futures all rose, with Nasdaq futures up 0.76%, S&P 500 futures up 0.67%, and Dow futures up 0.51%.
2. Major European stock indices fell collectively, with the German DAX index down 1.02%, the British FTSE 100 index down 1.11%, the French CAC index down 1.14% and the European STOXX 50 index down 1.16%.
3. Morgan Stanley: The Federal Reserve’s 25 basis point rate cut and forward greece phone number list guidance are more hawkish than the bank originally expected.
4. Morgan Asset Management: Continued economic growth and further interest rate cuts in the United States next year will provide support for risky assets.
5. U. auto industry data analysts estimate that new car sales will return to their highest level since 2019 next year.
6. Micron Technology's revenue in the first fiscal quarter increased 84.1% yearonyear to US$8.71 billion, and its adjusted EPS was US$1.79, in line with analysts' expectations; its second fiscal quarter guidance was lower than expected.
7. Accenture's revenue in the first quarter increased 9% yearonyear to US$17.69 billion, and the estimated revenue was US$17.15 billion; earnings per share was US$3.59.