Express news before the US stock market opening

date
06/05/2025
The three major stock index futures of the US fell together, with the Fed interest rate decision looming this week.As of press time, Dow Jones futures fell 0.62%, S&P 500 index futures fell 0.77%, and Nasdaq futures fell 0.95%.The Germany DAX index rose 0.74%, the France CAC40 index fell 0.61%, and the Euro Stoxx 50 index fell 0.32%.WTI crude oil fell 1.58% to $57.37 per barrel. Brent crude fell 1.39% to $60.44 per barrel.The market is anticipating the interest rate decision to be announced by the Fed this Wednesday. According to the CME Group's "FedWatch" tool, traders expect a likelihood of over 98% that the Fed will maintain its interest rate unchanged this week.Saudi-led aggressive measures are reshaping the global oil market landscape - by OPEC+ greatly increasing production, this action is forcing Wall Street analysts to lower their oil price forecasts, adjust warnings of oversupply, and prepare for more variables. Oil prices fell on Monday after OPEC+ announced an additional increase of 411,000 barrels per day in June.After OPEC+ prepares to accelerate production, oil prices fell, and US oil stocks fell before the market opened.Berkshire Hathaway Class B shares of US stocks fell 2.4% before the market opened, with Buffett set to step down as CEO by the end of 2025.US streaming media stocks fell overall before the market opened, as Trump ordered a 100% tariff on overseas-produced films.