Trade tensions weigh down U.S. stocks in pre-market, with Tesla leading the decline among the "Seven Giants"

Zhitong
2025.06.02 09:47

In pre-market trading on Monday, Tesla led the "Seven Giants" stocks and U.S. stock index futures lower, as global trade tensions and geopolitical uncertainties weakened market risk appetite. Performance of the "Seven Giants": Tesla fell 2.1%, Alphabet, the parent company of Google, rose 1.3%, while Nvidia, Meta, Amazon, Apple, and Microsoft all saw declines of less than 1%. The S&P 500 index and Nasdaq 100 index futures both dipped about 0.5%. The Bloomberg "Seven Giants" index has fallen 4.3% so far this year, after soaring 67% in 2024