Before the US stock market opened: Dow futures fell roughly 400 points, gold plummeted $ 20, and $ 20 skyrocketed Author Investing.com

Investing.com – TuesdayBefore the opening of the market, US stock index futures tumbled after the CPI announcement. The data showed that US inflation was across the board above expectations, especially core inflation.

The U.S. seasonally-adjusted annual CPI rate fell to 8.3% in August from 8.50% in July, but is above the 8.1% forecast, while the monthly rate has increased 0.0 to 0.1%, while expectations became a drop of 0.1%.

Core inflation rose instead of decreasing, rising to 6.3% from 5.9% in July, above market expectations of 6.1%; the monthly rate rose from 0.3% to 0.6%, expected to remain at 0.3%.

Following the release of the data, US stock index futures plummeted. Dow futures fell 400 points in the short term and Nasdaq futures fell more than 2%; not only did they make up for lost ground during the day, but they also stopped at 108 again, and once approached the 109 mark; It fell $ 20, from a high of over $ 1740 to under $ 1720.

As of 8:45 pm HKT (8:45 am ET), Investing.comUS stock marketIt showed that it fell 391.5 points, or about 1.21%, to 31,989.80 points; fell 67.7 points, or about 1.65%, to 4,042.70 points; it fell 288.0 points, or about 2.26%, to 12,451.70 points.

The previous trading day,, was up 0.71%, 1.06%, 1.27%.

Stocks before the market opens

Oracle (NYSE 🙂 was up 0.47% on strong results, helped by strong demand for its cloud services and the start of earnings from the acquired healthcare IT companies.

Peloton (NASDAQ 🙂 was down 4.07% due to the resignations of company co-founders John Foley and Hisao Kushi as part of a massive restructuring.

Starbucks (NASDAQ 🙂 fell 1.22% despite today’s day for retail investors and the prospect of unveiling a new post-pandemic strategic plan and a new CEO.

Goldman Sachs (NYSE 🙂 fell 1.19% on news that Goldman Sachs will resume layoffs after a two-year hiatus.

UBS (NYSE: UBS) was up 1.54% after announcing a 10% increase in the annual dividend and expecting buybacks this year to exceed the previous $ 5 billion target.

The Rent the Runway (NASDAQ 🙂 ecommerce platform plummeted 28.19% after the company announced a 24% layoff.

Tesla (NASDAQ 🙂 fell 3.90%.

Apple Inc (NASDAQ: AAPL) lost 2.12%. Netflix (NASDAQ:) was down 3.06%, Microsoft Corp (NASDAQ:) was down 2.23%, Amazon (NASDAQ:) was down 3.59%, Alphabet (NASDAQ:) was down 2, 71%, Meta Platforms (NASDAQ 🙂 fell 3.02%, Twitter (NYSE 🙂 fell 1.30%.

Chinese conceptual actions

China Internet ETF KraneShares CSI China Internet (NYSE 🙂 fell 2.58%.

Futu Securities (NASDAQ 🙂 fell 3.03% and Tiger Securities (NASDAQ 🙂 fell 2.61%.

NIO (NYSE:) (HK 🙂 lost 3.54%, while Li Auto (NASDAQ:) (HK 🙂 and Xiaopeng Motors (NYSE:) (HK 🙂 lost more than 1%. Mavericks Electric (NASDAQ 🙂 lost 4.04%.

Bilibili (NASDAQ 🙂 (HK 🙂 lost 3.97% and iQiyi (NASDAQ 🙂 3.74%.

Alibaba (NYSE 🙂 (HK 🙂 lost 2.95%, JD.com (NASDAQ:) (HK 🙂 lost 4.48% and Pinduoduo (NASDAQ 🙂 2.59%.

Baidu (NASDAQ 🙂 (HK 🙂 fell 2.55%. NetEase (NASDAQ 🙂 (HK 🙂 was down 0.63%.

financial report

After Market Close: Education Together (NASDAQ :).

Visit Investing.com for all of today’s earningsEarnings calendar。

Economic data and events

8:30 pm HKT (8:30 am ET)

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