Preview of US Stock Market | Three major stock index futures rose together, Trump plans to sign an executive order to expand coal mining and usage.

323.671.644.41% 1. Before the US stock market opened on April 8th (Tuesday), the three major stock index futures of the US stock market all rose. As of the time of writing, the Dow Jones Industrial Average futures rose by 2.90%, the S&P 500 index futures rose by 2.66%, and the Nasdaq futures rose by 2.52%. 2. As of the time of writing, the Germany DAX index rose by 2.32%, the UK FTSE 100 index rose by 2.41%, the France CAC40 index rose by 2.14%, and the European Stoxx 50 index rose by 2.15%. 3. As of the time of writing, WTI crude oil rose by 0.72% to $61.14 per barrel. Brent crude oil rose by 0.48% to $64.52 per barrel. Market News Trump plans to sign the "Black Gold Revival Order" to boost the coal industry and support the AI industry. According to reports, US President Trump will sign an executive order on Tuesday afternoon aimed at expanding domestic coal mining and usage. This move is intended to provide energy security for high-energy artificial intelligence (AI) data centers, while also trying to revive the declining fossil fuel industry. A White House senior official revealed that the executive order will include multiple federal measures to revitalize the coal industry. Core measures include restoring federal land coal mining rights, designating coal as a key strategic mineral, and promoting US coal and related technology exports. Analysts point out that this shows the Trump administration views its domestic coal reserves as an important strategic resource to maintain a competitive advantage in the field of AI and ensure national security. Will the US stock market enter a long bear market? Goldman Sachs Group, Inc. and BlackRock, Inc. both show "red lights". As the trade war initiated by Trump continues to escalate, Wall Street strategists are issuing pessimistic warnings about the outlook for the stock market. BlackRock, Inc. strategists Jean Boivin and Wei Li downgraded their three-month rating on US stocks from "hold" to "neutral," citing "greater pressure on risk assets in the short term in the face of significantly escalated global trade tensions." Meanwhile, a team of strategists at Goldman Sachs Group, Inc. noted that with the increased risk of an economic recession, the current stock market sell-off could potentially evolve into a longer cyclical bear market. Several international stock indices already meet the technical definition of a bear market, with the S&P 500 index experiencing a maximum decline of 20% from its highs two months ago. Earnings season is approaching, and the US stock market is bracing for the next storm after the tariff impact. Following the tariffs imposed by Trump, the US stock market is now facing a major test: the corporate earnings season. Current market expectations are not optimistic. With investors increasingly concerned about the impact of the escalating trade war on corporate profits, the total market value of S&P 500 index components has evaporated by over $5 trillion in the past three trading days. Wall Street analysts' fears of an economic recession are growing, and there is a widespread pessimism about the outlook for companies. Data shows that the current market expectation for a year-on-year earnings increase for S&P 500 index components in the first quarter is 6.7%, significantly lower than the 11.1% forecast when Trump was elected president in November last year. Analysts' expectations for full-year earnings growth in 2025 have been revised down from an initial 12.5% to 9.4%. Trump: Will not suspend tariff policy, but willing to negotiate. US President Trump stated that he is not considering suspending his plan to impose additional tariffs on dozens of countries, despite eager gestures of goodwill from trade partners looking to avoid tariff imposition. However, he also indicated that he may be willing to engage in negotiations. Trump stated that tariffs are "very important" to his economic agenda and will continue to be so overall, while also leaving the door open for "fair and good deal negotiations with every country." He added, "You can have permanent tariffs. You can also negotiate because we do need other things besides tariffs." Prior to Trump's comments, his senior officials had sent conflicting messages by expressing government willingness to negotiate with trade partners. This uncertainty has heightened global market volatility and left foreign leaders frustrated with Trump's eagerness to reach agreements with the US. Fed's Goolsbee: Corporations fear tariffs will reignite soaring inflation. Chicago Fed President Austan Goolsbee stated that business leaders are very concerned that tariffs could trigger widespread supply disruptions and reignite inflationary pressures. Goolsbee expressed his concerns in an interview on Monday, saying, "What is worrisome is if these tariffs, as threatened by the US, are very high, if there's massive retaliatory tariffs, and then if there's a counter-retaliation again, you might end up back in a situation where inflation is running out of control in 2021 and 2022." US inflation rates hit their highest levels in 40 years in 2022, leading the Fed to significantly raise borrowing costs to combat price pressures. The Fed cut interest rates by 100 basis points in 2024 and has held rates steady this year. BlackRock, Inc. CEO: Stock market will continue to fall, but there are buying opportunities. Larry Fink, CEO of BlackRock, Inc., stated that due to concerns about an economic recession sparked by tariffs, the stock market may still see significant declines during this period of turmoil. However, he believes that this turmoil presents significant opportunities to buy stocks at a discount. Fink made this statement while Wall Street was experiencing intense volatility. Following last week's market downturn, stocks opened significantly lower, but by the end of trading, they had rebounded well above their lows for the day. The Standard & Poor's 500 index (S&P 500) came close to entering a bear market, dropping by 20% from its recent highs in mid-February. Individual Stock News Walgreens (WBA.US) beat revenue and earnings expectations in the second quarter. The second largest chain pharmacy giant in the US, Walgreens Boots Alliance, delivered an impressive report card as it nears delisting. As of the time of writing, Walgreens reported second-quarter revenue of $32.367 billion, exceeding analyst expectations, and earnings per share of $1.64, also surpassing expectations. This positive news pushed Walgreens stock price up by 4.41% in pre-market trading on Tuesday.The quarterly financial report on February 28th showed that the company's adjusted earnings per share reached 63 cents, nearly 20% higher than the 53 cents expected by Wall Street analysts; revenue of 38.6 billion dollars also exceeded the expected value of 38 billion dollars.United Microelectronics Corp. Sponsored ADR (UMC.US) revenue in March increased by 9.31% year-on-year to 19.86 billion New Taiwan Dollars. United Microelectronics Corp. Sponsored ADR announced revenue of 19.86 billion New Taiwan Dollars in March, a year-on-year increase of 9.31%. So far this year, the company's revenue has increased by 5.91% to reach 57.86 billion New Taiwan Dollars. Apollo warns: Tariff storms sweep the globe, the international influence of the seven giants of the US stock market is a double-edged sword. The seven giants of the US stock market are being affected by the global economic slowdown and the escalating international trade tensions. These companies derive nearly 50% of their revenue from overseas, a proportion much higher than the 41% for companies in the S&P 500 index. Apollo Asset Management stated that in the face of challenges in the global market, this international influence makes the seven giants more susceptible to impact. In many countries outside the US, trade accounts for a larger share of GDP, meaning the ongoing trade war is expected to have a more severe impact on foreign economies. Companies with a significant amount of international revenue (such as the seven giants) will be more severely affected. Trump's tariff storm is coming, American consumers are frenziedly buying Apple Inc. (AAPL.US) iPhones. The Trump administration's threat to impose large-scale new tariffs led to a sharp drop in Apple Inc.'s stock price, but also brought short-term benefits: consumers flocked to retail stores to buy iPhones. Employees at Apple Inc. stores across the US indicated that the stores were crowded with customers over the weekend, with customers concerned that prices would surge after the imposition of tariffs. The iPhone is Apple Inc.'s best-selling and most important product, with most iPhones being manufactured in China, which faces a 54% tariff. Insider sources revealed that sales at Apple Inc. retail stores over the weekend were higher than in previous years, at least in some major markets. Apple Inc. will announce its second-quarter performance on May 1st, with CEO Tim Cook and CFO Kevan Parekh taking the opportunity to discuss the expected impact of tariffs. After a 33% drop, Broadcom Inc. (AVGO.US) plans to buy back up to $10 billion in stock. Semiconductor company Broadcom Inc. announced a stock buyback plan of up to $10 billion by December 31, 2025 on Monday. The company stated that the buyback may occur through various methods, including open market purchases or private negotiations. Broadcom Inc. has recently faced significant risks from trade tensions, high valuations, and revenue concentration, leading to recent selling pressure, making it a poor investment. So far this year, Broadcom Inc. has fallen nearly 33%. The company's dependence on a single market and revenue from Apple Inc. (AAPL.US), combined with competitive threats, has increased its vulnerability in a volatile market. As competitors like MediaTek continue to grow, Broadcom Inc.'s custom ASIC chip business faces risks, further weakening its growth prospects. Important economic data and events forecast: - 20:55 Beijing Time: US Redbook Retail Sales YoY up to the week of March 31. - 04:30 Beijing Time the next day: US API Crude Oil Inventories for the week ending April 4. - 00:00 Beijing Time the next day: EIA publishes Monthly Short-Term Energy Outlook report. - 02:00 Beijing Time the next day: 2027 FOMC Voting Member and San Francisco Fed President Dale will participate in a dialogue event titled "Federal Reserve Economic Outlook and Work".