Express news before the US stock market opens
1. The three major stock index futures in the US all rose. As of the time of writing, the Dow Jones futures rose by 2.34%, the S&P 500 index futures rose by 2.89%, and the Nasdaq futures rose by 3.78%. Star tech stocks and popular Chinese concept stocks rose before the market opened.
2. The German DAX index rose by 0.52%, the UK FTSE 100 index rose by 0.48%, the French CAC 40 index rose by 1.32%, and the European Stoxx 50 index rose by 1.52%.
3. WTI crude oil rose by 4.08%, to $63.51 per barrel. Brent crude oil rose by 3.77%, to $66.32 per barrel.
4. A strategist at Morgan Stanley stated that although sentiment towards the US stock market is improving, it is still too early for investors to sound the "all clear" signal.
5. The latest inflation data will be released in the coming week, with the Consumer Price Index being announced on Tuesday and the Producer Price Index on Thursday.
6. Despite better-than-expected performance in the first quarter earnings season and positive signals in trade negotiations, Goldman Sachs' chief strategist David Kostin is still urging investors to remain cautious.
7. Popular Chinese concept stocks in the US rose before the market opened, with Wunong data up by 9.8%, Xiaopeng Motors up by 8.3%, and Pinduoduo and Alibaba up by over 7%.
8. Pharmaceutical stocks in the US fell before the market opened, with companies like Novo Nordisk and AbbVie leading the decline as President Trump hinted at signing an executive order.
9. Apple's US stock rose by over 7% before the market opened, with reports suggesting that they are considering raising the prices of the iPhone product line to be released in the fall.
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