DXY briefly rose 13 bps to 102.31.

Pengding Holdings posted sequential Q3 revenue and profit growth, driven by accelerating volumes in its compute-related businesses. Compute-segment revenue and earnings exceeded market expectations. Sustained AI compute demand and rising shipments of higher-end products have left customer demand guidance and order intake healthy; Q4 orders on hand are ample, supporting a continued high industry topline and potential further expansion in shipments and company operating momentum.

Fed chair Kevin Warsh said he had previously been skeptical of the view that interest rates would not affect the AI sector.