Preview of US Stock Market | Three major stock index futures rise together, Wisdom and Technology fall after performance, September PCE data is approaching.

Pre-market Market Trends 1. As of pre-market trading on December 5 (Friday), US stock index futures are all up. At the time of writing, Dow Jones futures are up 0.05%, S&P 500 index futures are up 0.17%, and Nasdaq futures are up 0.36%. 2. As of the time of writing, the German DAX index is up 0.52%, the UK FTSE 100 index is up 0.07%, the French CAC40 index is up 0.28%, and the Euro Stoxx 50 index is up 0.39%. 3. As of the time of writing, WTI crude oil is down 0.12% at $59.60 per barrel. Brent crude oil is down 0.06% at $63.22 per barrel. Market News September PCE data is coming! Wall Street's focus is collectively on the upcoming September Personal Consumption Expenditures (PCE) price index. This report, as the Federal Reserve's favorite inflation indicator, is not only the first inflation reading since late September, but also seen as the "magic wand" for the US stock market to break out of its recent volatility and establish its future direction. Due to the previous government shutdown causing a delay in data release, there has been a lot of uncertainty in the market. Investors, analysts, and even Federal Reserve officials are eagerly awaiting this delayed report to clarify the economic fog. Multiple institutions like FactSet predict that inflation pressures remain stubborn and may even rise in some dimensions. The market expects the overall PCE index to increase by 2.8% year-on-year in September, with a month-on-month increase of 0.3%; and the core PCE index to increase by 2.9% year-on-year and 0.2% month-on-month. The prelude to the nomination of the Federal Reserve Chair has begun! Hassett "guides" rate cuts as "acting chair". Kevin Hassett, the director of the US National Economic Council, stated that the Federal Reserve should cut rates at the upcoming meeting and predicted a 25 basis points rate cut. Hassett... If you want to continue reading, you can check the original source on Chinese financial news websites.