Global news you need to know before Monday's U.S. stock market opens

Wallstreetcn
2025.01.06 14:03

According to Jiemian, Trump is reportedly considering implementing universal tariffs only on key imported goods.
After Ueda's speech, expectations for a Bank of Japan interest rate hike have risen, with the 5-year Japanese government bond yield reaching its highest level since 2009.
Germany's December CPI preliminary year-on-year growth is 2.6%, exceeding expectations and supporting the European Central Bank's cautious stance on interest rate cuts.
The 30-year U.S. Treasury yield has hit a 14-month high, as the market faces a peak supply of over $100 billion in U.S. Treasury bonds this week.
Traders have lowered their expectations for European Central Bank interest rate cuts, anticipating a reduction of less than 100 basis points this year.
Wall Street continues to be optimistic about Taiwan Semiconductor in 2025: strong demand for AI and high-performance computers, along with a rebound in consumer electronics demand.
Goldman Sachs has changed its mind! It has lowered its gold price target and no longer expects it to reach $3,000 by the end of the year.
U.S. Steel Corporation rose over 3% in pre-market trading, as reports indicate that Nippon Steel and U.S. Steel Corporation have filed a lawsuit regarding interference in their transaction.
Uber's U.S. stock rose over 4% in pre-market trading, boosted by a $1.5 billion accelerated stock buyback plan.
MicroStrategy purchased approximately 1,070 bitcoins for about $101 million in cash from December 30 to 31, 2024.
In pre-market trading, the three major U.S. stock index futures strengthened, Taiwan Semiconductor reached a new high, the offshore yuan rose nearly 400 points, the U.S. dollar index fell by 1%, and European stocks surged by 2%, with automotive and luxury goods stocks rising.
The Nikkei 225 index closed down 1.5%, the Shanghai Composite Index closed down 0.14%, and the Hang Seng Index closed down 0.36%