Breaking news from the US stock market pre-market trading.
Before the US stock market opens, the futures of the three major stock indexes are all rising. As of the time of writing, Dow Jones futures are up 0.05%, S&P 500 index futures are up 0.20%, and Nasdaq futures are up 0.34%. The Germany DAX index fell 0.31%, the UK FTSE 100 index rose 0.03%, the France CAC40 index fell 0.43%, and the European Stoxx 50 index fell 0.33%. WTI crude oil fell by 1.10% to $62.97 per barrel. Brent crude oil fell by 1.04% to $65.94 per barrel. Several Wall Street insiders have stated that the impact of the trade war has not yet been reflected in the data, and the next few months may witness a new round of significant inflation. Goldman Sachs issued a research report stating that an internal analysis of President Trump's social media tweets on oil topics suggests that he seems to prefer oil prices between $40 and $50 per barrel. Futu pre-market trading continued to rise by over 2%, with UBS raising its target price to $141. Sony pre-market trading rose by over 6%, announcing a buyback plan of up to 250 billion yen. Tesla pre-market trading rose by 1.7%, accumulating a 21.3% increase over the past five trading days.
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