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Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.Barclays: M&A and cooperation between banks and financial technology companies will grow.

The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.

China plans to build about 10,000 superior specialties of traditional Chinese medicine by 2029. The reporter learned from state administration of traditional chinese medicine on the 11th that China will promote the construction of superior specialties of traditional Chinese medicine at different levels to further improve the clinical efficacy of traditional Chinese medicine. By 2029, a network of superior specialties of traditional Chinese medicine with complete professional fields, wide geographical coverage, reasonable structural layout and obvious characteristics of traditional Chinese medicine will be formed, and the overall scale of superior specialties of traditional Chinese medicine in China will reach about 10,000. (Xinhua News Agency)Hershey's share price fell by about 4%.Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.