Key headlines from global financial media overnight and this morning include:

1. Trump: Expects to reach settlements with more universities 2. French Prime Minister Barrou fails National Assembly confidence vote 3. NVIDIA CEO Jensen Huang to accompany Trump on UK state visit next week 4. Apple event approaches amid concerns product highlights may fall short of market expectations 5. Milan may make September Fed meeting as Senate committee to vote on his Federal Reserve governor nomination Wednesday 6. Buy the rumor, sell the news: JPMorgan traders warn rate cuts could trigger US stock decline

**Trump: Expects to reach settlements with more universities**

President Trump anticipates reaching "more" settlements with elite universities over civil rights allegations soon, warning that institutions failing to comply with existing agreements will face further scrutiny.

Speaking at the Museum of the Bible in Washington on Monday, Trump said these settlements are part of the administration's efforts to combat anti-religious bias against Jewish and Christian students on campuses.

"I'm also taking action to combat anti-Semitism and anti-Christian bias in higher education institutions. You've all seen how things are progressing. They are reaching very substantial settlement agreements," Trump stated. "There will be more settlements soon, and they will modify their behavior because they understand we are coming back."

Trump expressed confidence in securing more concessions from top institutions, though he acknowledged that recent federal court rulings blocking his freeze of Harvard University's $2 billion research funding pose challenges. However, he believes appellate courts will ultimately support the administration, strengthening his negotiating position.

**French Prime Minister Barrou fails National Assembly confidence vote**

French Prime Minister François Barrou and his centrist minority government were ousted Monday in a no-confidence vote in the French National Assembly.

Barrou had previously failed to gain support from political opponents on both left and right for his 2026 budget plan — designed to reduce France's growing budget deficit — making his defeat in the motion he himself initiated widely anticipated.

The failed confidence vote means President Macron will need to appoint a successor, marking France's fifth prime minister in less than two years. Observers believe Macron may choose another centrist ally to lead the minority government.

**NVIDIA CEO Jensen Huang to accompany Trump on UK state visit next week**

Sources revealed Monday that NVIDIA Chief Executive Jensen Huang will accompany President Donald Trump on a state visit to the UK next week.

According to sources, several US business leaders are expected to join Trump on the visit alongside Huang, including OpenAI CEO Sam Altman, Blackstone Group CEO Stephen Schwarzman, and BlackRock CEO Larry Fink.

Apple CEO Tim Cook has also reportedly received an invitation to join the delegation.

**Apple event approaches amid concerns product highlights may fall short of market expectations**

Investors expecting Apple's annual flagship product launch event to serve as the next catalyst for the stock's recovery are likely to be disappointed.

Apple shares have continued rising after posting their best monthly performance in over a year in August due to easing tariff concerns.

Unless Tuesday's event delivers unexpected surprises, the stock may lack further upside momentum given that Apple's market value has increased nearly $430 billion since late July, with questions remaining around its artificial intelligence strategy.

"It's difficult to recommend building positions or adding shares before the event, especially after this rally, because we don't expect particularly exciting, purchase-inspiring features to be unveiled," said Clayton Allison, portfolio manager at Prime Capital Financial. "If Apple continues to lag in AI, I would be concerned about this stock."

**Milan may make September Fed meeting as Senate committee to vote on his Federal Reserve governor nomination Wednesday**

A US Senate committee plans to vote Wednesday on White House economic advisor Stephen Milan's nomination to serve as a Federal Reserve governor, potentially enabling him to be confirmed by the full Senate before the Fed's crucial rate-cutting vote in September.

The Federal Open Market Committee (FOMC) will meet September 16-17. Given weakening job growth, the FOMC is expected to cut rates for the first time since December.

The Senate Banking Committee published the voting schedule for Milan's nomination on its website.

**Buy the rumor, sell the news: JPMorgan traders warn rate cuts could trigger US stock decline**

With US stock markets surging and setting more than 20 record highs this year, JPMorgan traders are warning without much credible reasoning that the Federal Reserve's next move could dampen investor enthusiasm.

The trading desk led by Andrew Tyler stated: "The current bull run feels unstoppable, with new support forming and past pillars being weakened. But if the Fed cuts rates at the September 17 meeting as widely expected by markets, it could evolve into a 'buy the rumor, sell the news' scenario where investors choose to pull back."

JPMorgan's trading division maintains a tactically bullish stance with low confidence levels while noting various risk factors including inflation, employment, and trade wars. They also point out that retail investors typically reduce participation in September, while corporate share buybacks have also decreased.