Express pre-market news of US stocks

date
22/08/2025
1. The three major U.S. stock index futures all rose: Dow Jones futures rose 0.30%, S&P 500 futures rose 0.23%, and Nasdaq futures rose 0.17%. 2. European stock market indices all rose: Germany's DAX30 rose 0.01%, France's CAC40 rose 0.15%, Europe's Stoxx 50 rose 0.24%, and the UK's FTSE 100 rose 0.09%. 3. Federal Reserve Chairman Powell will deliver a speech at the Jackson Hole Global Central Bank Annual Meeting on Friday at 10 pm Beijing time. According to CME FedWatch, the market is betting with a 73.5% probability of a 25 basis point rate cut at the September 16-17 meeting, and expects at least one more rate cut this year. 4. Goldman Sachs economist David Mericle predicts that Powell will not clearly signal a rate cut in September, but may indicate support for a rate cut. 5. HSBC stated that the impact of tariffs may accelerate U.S. companies' adoption of artificial intelligence to reduce costs, which is expected to lower operating costs of S&P 500 component stocks by about 1%, offsetting some of the tariff effects. If AI applications continue to accelerate, the S&P 500 index is expected to rise to 7000 points by the end of the year in a bull market scenario. 6. UBS stated that the effective U.S. tariff rate has exceeded 18%, and is expected to stabilize around 15% by mid-2026. Tariffs have not fully reflected in official inflation data yet, but companies have begun to pass on costs to consumers, which is expected to ultimately reduce U.S. GDP growth by about 1 percentage point, with CPI levels above by about 1 percentage point. 7. Kingland's net profit in the first half of the year reached $1.02 billion, doubling year-on-year, with basic earnings per share of $1.15, meeting the predicted range. The company announced a mid-term dividend of $0.3948 per share, significantly higher than the same period last year. 8. Zoom's pre-market stock price rose by over 5%, with Q2 enterprise revenue growing by 7% to $7.307 billion, higher than the market's expected $7.167 billion. The company expects annual revenue of about $48.3 billion, with earnings per share of $5.81 to $5.84, both exceeding expectations. 9. Ross Stores' pre-market stock price increased by over 3.5%, with adjusted Q2 earnings per share of $1.56, surpassing the market's expectations by 2 cents, and raising the full-year earnings per share forecast to the range of $6.08 to $6.21.