Express delivery of pre-market news on US stocks.
1. The S&P 500 Index and the Nasdaq Composite Index hit another record high at the close, with major stock indexes expected to end the week with gains. Stock index futures rose slightly before Friday's trading.
2. As of the time of writing, Dow futures rose by 0.12%, S&P 500 futures rose by 0.10%, and Nasdaq futures fell by 0.01%.
3. The German DAX Index fell by 0.78%, the UK FTSE 100 Index fell by 0.38%, the French CAC 40 Index fell by 0.03%, and the European Stoxx 50 Index fell by 0.40%.
4. WTI crude oil rose by 0.35% to $66.26 per barrel. Brent crude oil also rose by 0.35% to $69.42 per barrel.
5. The Federal Reserve is set to hold another meeting next week. It is widely expected that policymakers will maintain the target range for interest rates at 4.25% to 4.5%.
6. Bank of America strategists stated that as monetary policy and financial regulation ease, the risk of a stock market bubble is increasing.
7. Intel's stock price fell by 8.2% in pre-market trading due to lower-than-expected earnings; AMD rose by 1.2%.
8. Tesla's stock turned higher in pre-market trading, up by 0.37%, reportedly planning to launch Robotaxi in San Francisco this weekend.
9. Bitcoin's price dropped by nearly 3%, leading to declines in related cryptocurrency stocks in pre-market trading. Coinbase Global fell by 1.9%, Bitfarms by 2.4%, Strategy by 2.5%, ProShares Bitcoin Strategy ETF by 3%, and Grayscale Bitcoin Trust by 3.1%.
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