Before the non-farm payrolls, popular Chinese concept stocks in the U.S. pre-market rose, with Alibaba up nearly 7%. European stocks were mixed, while gold and the U.S. dollar rose

Wallstreetcn
2025.02.07 11:01
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U.S. pre-market Chinese concept stocks generally rose, with Alibaba and Li Auto up nearly 7%. European stocks were mixed, with the German DAX index slightly up, while the French CAC40 and the UK FTSE 100 indices fell slightly. U.S. Treasury yields rose, the U.S. dollar index edged higher, and spot gold increased. Market risks require caution, and investment advice should consider individual circumstances

In pre-market trading, the Direxion FTSE China Bull 3X ETF rose nearly 7%, Alibaba rose nearly 7%, Li Auto rose nearly 7%, Tiger Brokers and Bilibili rose nearly 5%, and Futu Holdings rose nearly 4%.

European stocks were mixed, with the German DAX index up 0.12%, the French CAC40 index down 0.12%, the UK FTSE 100 index down 0.11%, and the Euro Stoxx 50 index down 0.08%.

U.S. Treasury yields collectively rose, with the yield on the 10-year U.S. Treasury note increasing by 0.8 basis points to 4.446%.

The U.S. dollar index edged higher, currently at 107.76. The USD/JPY rose 0.5% to 152.13, with a weekly decline narrowing to 2%.

Spot gold rose 0.27% to $2863.89 per ounce.

Brent crude and WTI crude both rose over 0.4%.

The market carries risks, and investment should be approached with caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk