Express news bulletin before the US stock market opens
1. Before the US stock market opens, futures on the three major stock indices are all rising: Dow futures up 0.47%, S&P 500 futures up 0.55%, and Nasdaq futures up 0.75%.
2. Major European stock indices are all rising: Germany's DAX 30 up 1.22%, France's CAC 40 up 0.89%, UK's FTSE 100 up 0.01%, and Euro Stoxx 50 up 1.20%.
3. International oil prices continued to fall: WTI down 2.10% at $65.91 per barrel, Brent down 1.81% at $68.41 per barrel.
4. Weak employment data raises expectations for easing, CME FedWatch shows probability of rate cut in September jumping from 38% to 83%.
5. Morgan Stanley believes profit recovery has started, optimistic about S&P 500 reaching 70 points in the next 12 months, recommends buying on dips.
6. Citigroup shifts from bearish to bullish, expects gold to rise to $3300-$3600 per ounce within 3 months, driven by economic slowdown and tariffs.
7. Lyft's stock is up 3.9% before the market opens, as the company announced a partnership with Baidu and plans to launch autonomous taxi services in Europe next year.
8. Anixter's stock is up 4.46% before the market opens, as reports suggest it plans to acquire the broadband business of network infrastructure company CommScope.
9. Pony.ai's stock is up over 3% before the market opens, as reports indicate the official launch of autonomous travel services in certain areas of Shanghai Pudong.
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