Purui Ophthalmology said Jin Liang has applied to resign as general manager for personal, family and health reasons. After resignation he will hold no positions at the company or its controlled subsidiaries.

Fed Governor Waller, ECB executive board member Schnabel, ECB council member Wunsch and Riksbank Deputy Governor Seim are due to speak in 10 minutes.

Morgan Stanley strategists led by Michael Wilson say U.S. equity flows are rotating out of chip stocks into previously lagging hyperscalers — including Microsoft, Amazon and Meta — driven by their strong core businesses and role in AI data‑center demand. The team warns momentum is fading among some large-cap names, leaving major U.S. indices under short-term pressure while sector rotation continues in a generally weak market. Wilson adds recent underperformance could begin to soften expectations for hyperscalers’ spending plans. Morgan Stanley sets an S&P 500 year‑end target of 8,000, implying roughly 7% upside from current levels.