minibet88com| Pre-market: Dow futures rose 0.2% Market focuses on U.S. CPI this week

Us stock index futures rose slightly before trading on Monday.Minibet88comGlobal stock markets are near record highs, and this week's inflation data could achieve or break expectations of an earlier US interest rate cut.

As of press time, Dow futures are up 0.Minibet88com.2%, S & P 500 Index futures rose 0%Minibet88com.3%, Nasdaq futures rose 0.4%.

Germany's DAX index fell 0.1%, Britain's FTSE 100 index fell 0.1%, France's CAC40 index fell 0.2%, and Europe's Stoxx 50 index fell 0.2%.

WTI crude rose 0.74 percent to $78.84 a barrel. Brent crude rose 0.63% to $83.31 a barrel.

The MSCI global index opened slightly higher on Monday and is now less than 0.5% from its all-time high in march.

Treasury yields and the dollar remained stable.

All eyes will be on the US producer price index (PPI), which is due to be released on Tuesday, followed by April inflation data the following day. Data released last week showed that the US economy was slowing amid stubbornly high inflation, posing a challenge to the Fed's policy outlook.

"We need a catalyst to break the interest rate band or change our view of risky assets," said Mohit Kumar, chief European economist at Jeffery International. "the US CPI data released this week could be a potential catalyst. Although US economic data have begun to show some signs of slowing, inflation remains high, raising concerns about stagflation. "

Globally, much depends on whether the US inflation report for April slows after three consecutive months of unexpected increases. The median forecast shows that core consumer prices will rise 0.3 per cent in February, down from 0.4 per cent in March, bringing the annualised increase down to 3.6 per cent. The data is so important that rounding to the second place after the decimal point may produce a completely different result.

Analysts at TD Securities pointed out: "our non-integration forecast for core CPI is 0.27 per cent, which means that a mild accident risk of 0.2 per cent consolidation is greater."

If that figure is too low, it could increase the market's bet that the fed will ease monetary policy as early as July, which is currently only 25 per cent. Similarly, high inflation could prompt the Fed to continue to cut interest rates after September and challenge expectations of a 42 basis point cut this year.

"US equity traders, as well as bond, gold and dollar traders (virtually everyone), will adjust their exposure ahead of the release of US PPI, CPI and retail data." Said Chris Weston, a strategist at Pepperstone.

A number of Fed officials will brief the market on their latest ideas this week, including Federal Reserve Chairman Colin Powell, who will appear with the governor of the Dutch central bank on Tuesday.

S & P Global: the number of bankruptcy filings in the United States rose to an one-year high in April under pressure from high interest rates.

S & P Global said the number of US companies filing for bankruptcy last month surged to its highest level in a year, indicating that companies are continuing to feel the pressure of high interest rates.

The data showed that there were 66 new bankruptcy filings in April, up from 61 after an upward revision in March. As the inflation data used by policymakers to assess is still well above the 2 per cent target, the Fed has not yet begun to cut interest rates.

S & P Global said that the Fed's failure to cut interest rates in early 2024 may have broken the expectations of financially troubled companies, which are hoping to gain some respite from lower borrowing costs.

Us stocks regained their upward momentum in May! Fidelity: three factors support the recovery of the stock market.

Denise Chisholm, head of quantitative market strategy at Fidelity, said stock market investors could view favorable US bond yields as one of the factors supporting the stock market rally after falling in April.

Chisholm said that despite a "respite" in April, the bull market would continue. She also delved into three reasons why she was "still bullish", namely, the corporate earnings outlook seemed to be strong.Minibet88comValuations and momentum show that the stock market has more room for development; small and medium-sized stocks seem to be undervalued.

Focus stocks

The game post station soared by more than 40%. The AMC cinema chain rose nearly 10%, and American retail investors "took the lead" to return.

Apple rose nearly 1% before trading, with news that it was close to reaching a deal with OpenAI.

Novavax medicine continued to rise more than 7.3% in front of the plate, in cooperation with Sanofi to develop influenza COVID-19 combined vaccine.

Arm, which rose more than 1.8% before trading, is said to be developing AI chips and plans to start mass production in the fall of 2025.

Sweetgreen's revenue rose by about 2% before trading, exceeding expectations.

Recovery rose by 3% before trading. Q1 revenue exceeded expectations.

Nxu, an electronic mobile and energy storage technology company, rose 10.6% before trading, considering cost-cutting for business consolidation.

Tevogen Bio soared more than 60% in pre-market trading and received $50 million in strategic investment.

Anglo American fell 2%, and BHP Billiton said the purchase price was 27.53 pounds a share.

Chinese stocks rose collectively before the session, natural forestry rose nearly 20%, Ding Dong bought vegetables up nearly 10%, Tian Ruixiang rose more than 7%, bilibili rose 4%, Alibaba and polar krypton rose more than 3%, famous premium products, JD.com, Jin Shanyun and iqiyi rose more than 2%. Lulai, pinduoduo, Futu, Xiaopeng Automobile, lufax, Baidu rose more than 1%.

In front of Tencent Music, the performance of Q1 surpassed market expectations by 6%.

Zaiding medicine rose 5.6% before the market, and repristinib has been approved by the State Drug Administration.