U.S. pre-market Chinese concept stocks generally fell, European stocks were mixed, U.S. stock index futures rose broadly, and spot gold declined

Wallstreetcn
2024.12.13 11:55
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Before the US stock market opens, Chinese concept stocks generally fell, with Bilibili down about 3% and Pinduoduo down about 1%. Broadcom rose about 14%. The 3x Long FTSE China ETF - Direxion fell nearly 4%

The initial jobless claims data released last night in the United States exceeded expectations, while the PPI wholesale inflation data showed mixed results. Market expectations for a rate cut in the U.S. next week remain unaffected. Pricing in the U.S. swap market indicates a roughly 95% chance that the Federal Reserve will cut rates by 25 basis points in December. Analysts believe that gold is likely to achieve a weekly increase.

On Friday, December 13, before the U.S. stock market opened, Chinese concept stocks fell broadly, U.S. stock index futures rose across the board, Bitcoin increased, and European stocks opened mixed. According to CCTV News, U.S. media reported that the Biden administration is considering new sanctions on Russian oil trade, leading to a slight rise in oil prices.

Before the U.S. stock market opened, Chinese concept stocks fell broadly, with Bilibili down about 3% and Pinduoduo down about 1%. Broadcom rose about 14%. The 3x Long FTSE China ETF - Direxion fell nearly 4%.

European stocks opened mixed, with the Euro Stoxx 50 index down 0.1%, the German DAX index up 0.2%, the UK FTSE 100 index down 0.1%, and the French CAC 40 index down 0.1%.

U.S. stock index futures rose across the board, with S&P 500 futures up 0.22%, Nasdaq futures up 0.48%, and Dow futures up 0.13%.

Spot gold fell 0.12%, currently reported at $2677.31 per ounce.

Bitcoin rose slightly, currently reported at $100201.1.

U.S. stock index futures rose across the board, with S&P 500 futures up 0.22%, Nasdaq futures up 0.48%, and Dow futures up 0.13%.

Before the U.S. stock market opened, Broadcom rose about 14%, with the company's Q4 profits exceeding expectations and AI revenue doubling with a 220% increase for the full year.

Spot gold fell 0.12%, currently reported at $2677.31 per ounce.

Bitcoin rose slightly, currently reported at $100201.1.