Flash News

TREE NEWS reports: The S&P 500 opened 79.63 points higher, up 1.05% at 7,631.44, while the Dow Jones Industrial Average opened up 420.63 points, or 0.82%, at 51,882.53. The Nasdaq Composite opened 399.44 points higher, a 1.54% gain, at 26,377.86.

TREE NEWS update: Moutai’s self-operated store has imposed purchase limits on its liquor, capping individuals at one case of 500ml Feitian Moutai per day and five cases annually, while enterprises are limited to five cases daily and 50 cases per year. Store pricing lists 500ml Feitian at 1,766 yuan per bottle, Five-Star at 1,756 yuan, 1L Feitian at 3,291 yuan, Bingwu Horse Year at 1,951 yuan, Premium at 2,410 yuan, and 15-year aged at 4,279 yuan.

TREE NEWS reports: Night session futures opened with energy and petrochemical contracts sharply lower: pure benzene and crude oil each fell more than 4%, styrene dropped nearly 4%, and fuel oil, LPG and coking coal slid over 3%. PX and synthetic rubber declined more than 2%, while Shanghai silver rose over 2% and Shanghai tin, zinc, international copper, gold and copper all gained more than 1%.

TREE NEWS update: Aero Engine Corporation of China (AECC) is exhibiting 11 aero-engine products at the fourth China Air Transport Association (CATA) Aviation Conference, showcasing advanced engine technologies spanning commercial aircraft, new-energy aircraft, fixed-wing aircraft and UAVs, helicopters and tiltrotors. The display covers engines for multiple aircraft categories.

TREE NEWS reports: The Federal Reserve’s rate hike took effect, sending US equity futures higher in premarket trading, with Nasdaq 100 futures up more than 1%, Brent crude down 4% and spot gold up over 2%. Nvidia CEO Jensen Huang said the company’s chip sales next year will be double this year’s. Bank of England held rates but signaled a hawkish stance, warning inflation could top 4% early next year.

TREE NEWS reports: US initial jobless claims fell by 10,000 to 196,000 in the week ending September 12, the lowest level since July, the Labor Department said Thursday. The reading, which covers the Labor Day holiday and can be volatile around holidays, came in below the 207,000 median estimate in a Bloomberg survey of economists. Continuing claims dropped to 1.73 million in the prior week, the lowest since 2024.

TREE NEWS reports: Foreign investors bought a net C$20.653 billion of Canadian securities in July, down from a revised C$40.83 billion in the previous month. The July figure marks a sharp slowdown in cross-border inflows into Canadian securities.

TREE NEWS reports: Canada’s industrial product price index rose 1.3% month over month in August, against expectations of 0% and following a 0.6% gain in July. The reading, released as a data point, marks a sharp acceleration in producer prices for the month.

TREE NEWS reports: The Philadelphia Federal Reserve’s manufacturing index came in at 37.8 for September, above the 32.5 expected by economists but down from 47.4 in August. The reading still signals firm expansion in mid-Atlantic factory activity, though at a slower pace than the prior month.

TREE NEWS reports: US continued jobless claims for the week ending September 5 came in at 1.73 million, below the 1.78 million expected by economists and down from the prior week’s 1.774 million. The lower-than-expected reading points to fewer Americans remaining on unemployment benefits than forecast.

TREE NEWS reports: US building permits for August fell 2.7% month over month in the preliminary reading, versus expectations of a 1.4% decline, after a 4.3% rise in the prior reading. The data marks a sharper contraction in permitting activity than economists had forecast.

TREE NEWS reports: US housing starts came in at 1.275 million in August, missing the 1.319 million expected by analysts and well below the prior reading of 1.239 million. The shortfall points to continued softness in residential construction activity. The prior-month figure stood at 1.239 million.

TREE NEWS update: China has approved 59 innovative drugs so far this year, 13 of which target new mechanisms or new targets, according to figures released at the 2026 Zhangjiang Pharma Valley Conference and Shanghai International Biopharmaceutical Industry Week in Shanghai. Biopharma business development deals reached 113 in the first eight months of 2026, with total value of $119.997 billion.

TREE NEWS update: Iran’s Islamic Revolutionary Guard Corps Aerospace Force intercepted and shot down a US MQ-9 Reaper drone over Qeshm Island at around 10am local time on September 17, Iranian state-affiliated outlet Tasnim reported. Iran said the drone was the 53rd US MQ-9 downed, with the operation carried out using the IRGC’s modern air defense systems.

TREE NEWS reports: Goldman Sachs strategists including Christian Mueller-Glissmann said investors should stay cautious on bonds even as a recent selloff pushed yields higher and improved their allocation appeal. Average global government bond yields rose to their highest level in 19 years this week. The strategists said a strategic return to more “normal” bond allocations is justified, but tactically it remains complicated to add long-duration exposure now.

TREE NEWS reports: Spot silver rose 4.0% on the day to trade at $65.49 an ounce. The intraday move marks a sharp single-session gain for the precious metal. No further details were immediately available.

TREE NEWS reports: The US dollar dropped 0.6% against the Japanese yen on Tuesday, trading at 155.39. The move marks a fresh decline for the greenback versus the Japanese currency, with the pair last quoted at that level.

TREE NEWS reports: The US is scheduled to release initial jobless claims for the week of September 12, August housing starts, August building permits and the September Philadelphia Fed manufacturing index at 20:30 Beijing time. The four data points arrive in a single 8:30 a.m. ET batch, giving markets a combined read on the labor market, residential construction and regional factory activity.

TREE NEWS reports: Futures on all three major US stock indexes rose more than 1%, pointing to a higher open on Wall Street. The move covers contracts tied to the S&P 500, the Dow Jones Industrial Average and the Nasdaq.

TREE NEWS reports: Crypto majors turned green and leading altcoins rallied after the FOMC delivered its first rate hike since 2023, while the Clarity Act failed to pass. The market’s positive reaction came despite both the tighter monetary policy and the stalled digital-asset legislation.