Express delivery of pre-market news on US stocks.
1. The three major US stock index futures rose together: Dow Jones futures rose by 0.36%, S&P 500 futures rose by 0.48%, and Nasdaq futures rose by 0.64%.
2. European stock market indices rose together: Germany's DAX30 rose by 0.02%, France's CAC40 rose by 0.24%, Europe's Stoxx 50 rose by 0.07%, and the UK's FTSE 100 rose by 0.41%.
3. This Wednesday, the risks of a US government shutdown and non-farm payroll data are hitting simultaneously. The shutdown may delay the release of key economic data, with investors focusing on the non-farm payroll data to assess the Fed's interest rate cut expectations.
4. Cleveland Fed President Harker "hawkish", stating that inflation has not reached the 2% target for over 4 and a half years, and may remain above the target until 2028. He opposes rate cuts and emphasizes the need to maintain restrictive policies.
5. Gold prices rose nearly 2% on Monday, breaking through the historical high of $1830, achieving six consecutive weeks of gains. Deutsche Bank pointed out that central bank and ETF strong demand are the main driving forces. The value of US gold reserves reached $1 trillion after gold hit a record high.
6. OPEC+ ignores warnings of oversupply, with market news stating that the organization plans to increase production by at least 137,000 barrels per day in November, continuing to push its strategy to reclaim global market share. The resilience of oil prices faces tests.
7. MoonLake plunged over 87% in pre-market trading, as its experimental skin disease drug's late-stage clinical trial data fell short of expectations, with an efficacy of only 14%.
8. Chinese used car retailer Uxin rose over 5% in pre-market trading, with Q2 retail transaction volume increasing by over 150% year-on-year to reach 10,385 vehicles, demonstrating strong growth potential in the warehouse-style megastore model.
9. Game developer EA has halted trading in pre-market. The company is close to reaching a privatization deal and will be acquired for $55 billion, at $210 per share, by PIF, Silver Lake Capital, and AFFINITY. $20 billion in debt financing will be provided exclusively by JPMorgan.
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