Gold prices hit a record high, and investors are cautious about U.S. stock futures

ChainCatcher news, according to Fortune, influenced by investors' concerns over President Trump's tariffs, his legal disputes regarding the independence of the Federal Reserve, and weakening consumer spending, gold prices have reached an all-time high. S&P 500 futures fell by 0.51%, Nasdaq 100 futures dropped by 0.66%, and Dow futures decreased by 0.37%.

Data shows that about 80% of U.S. companies have passed on tariff costs to consumers, with 21% of companies fully passing them on. Consumer spending growth is weak, with a 0.3% month-on-month increase in real consumption in July, and a three-month annualized growth rate of only 1.0%, down from an average of 3.1% in the same period last year. Disposable income growth has nearly stagnated, with a three-month annualized growth rate of 0.2%.

In the global market, the STOXX Europe 600 fell by 0.65%, the UK FTSE 100 dropped by 0.32%, the Japanese Nikkei 225 rose by 0.29%, the Chinese CSI 300 decreased by 0.74%, the South Korean KOSPI increased by 0.94%, and the Indian Nifty 50 remained flat; Bitcoin prices rose to $110,600.