Breaking news before the US stock market opens
1. U.S. stock index futures rose strongly, driven by the performance of technology companies and trade optimism.
2. As of the time of writing, Dow futures rose 0.71%, S&P 500 index futures rose 1.11%, and Nasdaq futures rose 1.77%.
3. Germany's DAX index rose 0.32%, the UK's FTSE 100 index fell 0.07%, France's CAC 40 index rose 0.50%, and the European Stoxx 50 index fell 0.09%.
4. WTI crude oil fell 2.46% to $56.78 per barrel. Brent crude oil fell 2.29% to $59.66 per barrel.
5. The U.S. trade representative said they are close to reaching an initial agreement, while the Senate rejected the "Stop Unfair Tariffs Act."
6. Musk bids farewell to Trump, leaving behind a "cutting $160 billion" report card, far below expectations.
7. General Motors' stocks rose 4.1% in pre-market trading after the company lowered its outlook, citing a current tariff exposure of up to $5 billion.
8. Microsoft rose over 9% and Meta rose over 6%, both releasing impressive earnings reports.
9. McDonald's fell 2.1% in pre-market trading as first quarter revenue fell short of expectations.
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