Zhitong
2024.07.19 12:56

Pre-market news flash on US stocks

① US stock index futures fluctuated before the market on Friday, with increased uncertainty in major economies adding resistance to investors. Meanwhile, service interruptions in airlines, banks, and financial services globally have made this week's market more volatile, which may exacerbate the pullback in tech stocks. ② As of the time of writing, Dow Jones futures fell by 0.2%, S&P 500 index futures rose by 0.2%, and Nasdaq futures rose by 0.2%. ③ Germany's DAX index fell by 0.5%, the UK's FTSE 100 index fell by 0.5%, France's CAC40 index fell by 0.4%, and the Euro Stoxx 50 index fell by 0.3%. ④ WTI crude oil fell by 0.48% to $80.91 per barrel. Brent crude oil fell by 0.29% to $84.86 per barrel. ⑤ The selling of tech stocks today has affected global sentiment. At the same time, recent interventions in the yen by Tokyo have made currency traders nervous. ⑥ Computer systems worldwide experienced malfunctions on Friday, leading to service interruptions in airlines, banks, and the London Stock Exchange. ⑦ CrowdStrike fell by 12.5% before the market, causing a global outage. The "culprit" CrowdStrike has stated that it has deployed a solution to address the global outage issue. ⑧ Microsoft's pre-market decline narrowed to over 1%, after initially falling by over 3%. The company stated that the root cause of the IT technical issue has been resolved. ⑨ ARM rose by 2.5% before the market, with Morgan Stanley upgrading its rating to overweight and setting a target price of up to $190