
Pre-market news summary for US stocks
① U.S. stock index futures all rose: Dow futures rose 0.24%, S&P 500 futures rose 0.30%, and Nasdaq futures rose 0.26%. ② European stock markets were mixed: Germany's DAX 30 rose 0.01%, France's CAC 40 rose 0.20%, Europe's Stoxx 50 rose 0.16%, while the UK's FTSE 100 fell 0.06%. ③ Wall Street stagflation alarm: Increased tariff pressures and rising inflation risks may severely constrain the Federal Reserve's rate cut space. ④ U.S. earnings season faces "perfectionism": Companies that did not meet Wall Street expectations saw an average single-day stock price drop of 7.4%. ⑤ JP Morgan predicts the Federal Reserve may cut rates four times in September, each by 25 basis points. ⑥ Trump's team is looking for a successor to Powell, with Waller as the top candidate. ⑦ Pinterest plummeted 12% in pre-market trading after the company's earnings showed adjusted earnings per share of $0.33, below analysts' consensus estimate of $0.36. ⑧ Taiwan Semiconductor's July revenue grew 26%, further confirming the sustained demand for AI chips. ⑨ MP Materials' Q2 performance exceeded expectations, with rare earth production surging 120%, and the stock price rose over 9% in pre-market trading
