Overnight US Stocks | Anthropic's Public IPO Filing Boosts Chip Stock Trading Enthusiasm; Major Indices Rise; SK Hynix (SKHY.US) Up 4%

Zhihui Finance APP has learned that on Monday, the three major indexes rose while oil prices declined. Anthropic’s public filing for an initial public offering (IPO) reignited market enthusiasm for artificial intelligence (AI) trades, sending chip stocks higher.

[U.S. Stocks] At the close, the Dow Jones Index rose 146.42 points, or 0.28%, to 52,361.58 points; the S&P 500 Index gained 53.10 points, or 0.70%, to 7,676.78 points; and the Nasdaq Composite Index increased 214.04 points, or 0.82%, to 26,169.38 points. SK Hynix (SKHY.US) rose 4%, Micron Technology (MU.US) gained nearly 3%, Nvidia (NVDA.US) rose 2%, and Tesla (TSLA.US) jumped 5%. The Nasdaq Golden Dragon China Index closed up 0.63%, with Baidu (BIDU.US) rising 0.8%.

[European Stocks] The German DAX30 Index gained 227.23 points, up 0.90%, to 25,408.88 points; the UK FTSE 100 Index rose 73.78 points, up 0.69%, to 10,764.14 points; the French CAC40 Index added 64.50 points, up 0.83%, to 7,847.32 points; the Euro Stoxx 50 Index climbed 44.83 points, up 0.74%, to 6,113.05 points; the Spanish IBEX35 Index increased 34.48 points, up 0.18%, to 19,024.28 points; and the Italian FTSE MIB Index rose 616.64 points, up 1.27%, to 49,175.50 points.

[Forex] The U.S. Dollar Index, which measures the greenback against six major currencies, rose 0.15% on the day, closing at 101.959 in the late foreign exchange market. By the end of the New York session, 1 euro exchanged for $1.1183, down from $1.1193 in the previous session; 1 British pound exchanged for $1.3350, down from $1.3371 previously. 1 U.S. dollar exchanged for 157.43 Japanese yen, up from 156.87; 1 U.S. dollar equaled 0.8273 Swiss francs, up from 0.8252; 1 U.S. dollar exchanged for 1.4020 Canadian dollars, up from 1.4004; and 1 U.S. dollar exchanged for 9.9510 Swedish kronor, up from 9.9424 previously.

[Cryptocurrency] bitcoin fell below the $80,000 mark, trading at $79,918 at the time of writing; ethereum dropped 1.3% to $2,308.

[Precious Metals] Spot gold traded at $4,016.72; spot silver traded at $53.98 per ounce.

[Crude Oil] The December delivery price for light crude oil futures on the New York Mercantile Exchange dropped $1.51 to close at $101.76 per barrel, down 1.46%; December Brent crude oil futures in London fell $0.91 to $115.81 per barrel, down 0.78%.

[Macroeconomic News]

Media: Mediators push for a 5-day US-Iran reciprocal concession agreement to reopen the strait in exchange for lifting the maritime blockade. According to reports, as widespread concerns grow that the U.S. and Israel could soon launch a new round of strikes against Iran, senior representatives from Saudi Arabia, Turkey, and Pakistan held talks with Iranian officials in Tehran on Monday. This visit is the latest move in a flurry of regional diplomatic efforts. Gulf officials said Monday’s talks aimed to support the mediation efforts of Qatar and Pakistan and to push Iran to show enough flexibility to reach a diplomatic solution with the United States. Two diplomats said Qatari mediators have been working toward a deal whereby both sides would make a series of concessions within five days. As part of the proposed concessions, Iran would reopen the Strait of Hormuz to allow commercial shipping, while the United States would lift the maritime blockade on Iranian ports. The main obstacle to an agreement is determining when each side should make its concessions. They added that negotiators have been urging Iran to make concessions related to its nuclear program at the outset of the deal’s implementation.

Canadian Prime Minister: US-Canada trade talks have sped up, but no agreement reached yet. Canadian Prime Minister Carney stated that US-Canada trade negotiations have recently accelerated somewhat, with progress mainly due to the U.S. side showing flexibility. He emphasized that Canada still will not accept the agreement terms proposed by the U.S. in August, and differences remain on steel, aluminum, automotive tariffs, and exemptions for medium and heavy-duty truck tariffs. The previous negotiations broke down on August 21, after which the United States imposed a 50% tariff on about $20 billion of Canadian goods, and Canada reciprocated with tariffs on an equal value of U.S. goods. White House economic adviser Hassett said both sides are very close to reaching a deal, and Trump also indicated an agreement may be reached soon. However, another U.S. official said the American side still believes Canada’s concessions are insufficient and the outlook for talks remains uncertain.

[Company News]

Apple admits a small number of iPhone Duo devices have inner screen issues, most devices not affected. Apple (AAPL.US) indicated it has noticed that a small number of iPhone Duo devices are experiencing inner screen failures, stating that affected devices typically develop issues in a short period but most devices are unaffected. Previous reports from multiple media outlets indicated that users heard cracking sounds when unfolding their devices, felt bumps or looseness near the hinge, followed by cracks on the inner screen, with some devices also developing white spots or abnormal bright lines. Repair platform iFixit believes the problem may stem from hinge component failures that put pressure on and crack the screen. Apple is currently investigating, with some engineers seeking to obtain faulty devices for analysis; some users have received replacements, but others are waiting due to out-of-stock situations or difficulty booking appointments in stores.