Pre-market trading in the US sees futures of the three major indices rising, with NVIDIA up 1.7%, while European stocks open higher but trend lower afterwards

Pre-market in the US stock market, the market is relatively stable, waiting for important US inflation data while focusing on the situation in the Middle East. According to CCTV reports, Iran may launch a major attack on Israel this week.

Pre-market, the futures of the three major US stock indexes are slightly up, with most chip and technology stocks rising, Chinese concept stocks showing mixed performance, and Beike falling more than 2% after its performance. European stocks opened higher but turned lower, with the CAC 40 Index in France and the FTSE 100 Index in the UK already in decline.

At 8:30 pm Beijing time tonight, the US July PPI data will be released, and Tencent Music, Home Depot, Sea Ltd., and others will report earnings before the market opens.

US stock index futures slightly up, NVIDIA up 1.7%

Pre-market, the futures of the three major US stock indexes are up, with Nasdaq 100 Index futures up 0.63%, Dow Jones futures up 0.22%, and S&P 500 Index futures up 0.42%.

Pre-market, technology stocks in the US stock market are relatively stable, with most semiconductor stocks rising, NVIDIA up 1.7%, and ASML up over 1%. Previously, NVIDIA's President and CEO Jensen Huang cashed out $24.9 million by selling 240,000 shares of the company's stock on August 8-9.

Popular Chinese concept stocks show mixed performance, with Beike falling nearly 2% after its performance. Its Q2 net income increased by 19.9% year-on-year, reaching 1.9 billion yuan, while net profit reached 1.9 billion yuan. New home net income decreased from 8.7 billion yuan to 7.9 billion yuan, an 8.8% decline. Bilibili and Tencent Music rose by over 2%.

European stocks open higher but turn lower, Sanofi up over 1%, LVMH down over 1%

European stocks opened higher today, with the Euro Stoxx 50 Index up 0.5%, the German DAX Index up 0.5%, the FTSE 100 Index up 0.3%, and the CAC 40 Index up 0.4%.

Subsequently, European stocks turned lower, with the CAC 40 Index in France and the FTSE 100 Index in the UK already in decline.

European stocks showed mixed performance, with Sanofi up over 1% and LVMH down over 1%.

IEA Monthly Report Released, Brent Crude Oil, WTI Crude Oil Slightly Down

Today's IEA monthly report is out. IEA stated that due to the increase in crude oil production in Saudi Arabia and Iraq, OPEC's daily crude oil production in July increased by 250,000 barrels compared to the previous month, reaching 27.34 million barrels. Among them, Saudi Arabia's daily production increased by 140,000 barrels to 9.01 million barrels; Iraq's daily production increased by 80,000 barrels to 4.36 million barrels, exceeding the implied quota of OPEC+.

Brent crude oil fell slightly by 0.39% in pre-market trading, while WTI crude oil dropped by 0.36%. Other major commodities also experienced a general decline, with spot silver falling by 0.93% and spot gold falling by 0.51%.