Zhitong
2024.08.30 12:03

Pre-market news flash on US stocks

① The three major stock index futures rose together, with the "favorite" inflation indicator of the Federal Reserve coming tonight, and the market will be closed next Monday. ② As of the time of publication, Dow Jones futures rose by 0.19%, S&P 500 index futures rose by 0.45%, and Nasdaq futures rose by 0.72%. ③ The German DAX index rose by 0.25%, the UK's FTSE 100 index rose by 0.38%, the French CAC 40 index rose by 0.49%, and the European Stoxx 50 index rose by 0.18%. ④ WTI crude oil fell by 0.11% to $75.83 per barrel. Brent crude oil fell by 0.05% to $78.78 per barrel. ⑤ The inflation indicator favored by the Federal Reserve will be announced later on Friday, and this data may affect the interest rate decision in September, although the impact of the inflation report is currently less important than the employment report. ⑥ With the expectation of a rate cut by the Federal Reserve, U.S. bonds are expected to achieve their best performance in three years. ⑦ As the national election approaches, Citigroup goes against the trend and is bullish on the U.S. dollar. ⑧ Alibaba's U.S. stocks rose before the market opened, up by 4.5% now. ⑨ Dell's U.S. stocks rose by over 6% before the market opened, with Q2 revenue and adjusted earnings per share exceeding expectations