Zhitong
2024.09.27 12:26

Pre-market news flash on US stocks

① The futures of the three major US stock indexes are mixed, with the US August PCE data coming out tonight.

② As of the time of publication, Dow Jones futures are up 0.02%, S&P 500 index futures are down 0.04%, and Nasdaq futures are down 0.12%.

③ The Germany DAX index is up 0.93%, the UK FTSE 100 index is down 0.46%, the France CAC 40 index is up 0.24%, and the Euro Stoxx 50 index is up 0.34%.

④ WTI crude oil is up 0.38% at $67.93 per barrel. Brent crude oil is up 0.31% at $71.31 per barrel.

⑤ JP Morgan stated that the PCE data may leave room for a 50 basis point rate cut in November.

⑥ The Fed's rate cut has sparked a buying frenzy in the housing market, with a surge in demand for mortgages in the US.

⑦ JD.com continues to rise by over 4.3% in pre-market trading, poised to reach a new high in nearly a year, as Alibaba and JD.com will open up to each other.

⑧ Trip.com is up over 8% in pre-market trading, with the opening expected to refresh its all-time high.

⑨ EHang Intelligent Technology is up over 6% in pre-market trading, with the EH216-S unmanned eVTOL completing its first flight in Brazil