Global news you need to know before the U.S. stock market opens on Wednesday

Wallstreetcn
2025.02.19 14:04

According to CCTV, the Ministry of Commerce expressed China's concerns regarding the U.S. tariffs on Chinese products exported to the U.S. The two departments: Facilitate foreign investors in mergers and acquisitions in China and increase investment attraction in key areas. The National Financial Regulatory Administration: It is necessary to maintain a stable and effective incremental credit supply for private enterprises. European Central Bank Executive Board Member Schnabel: We are getting closer to the point of pausing or stopping interest rate cuts. UK inflation soared to a 10-month high, and traders reduced bets on Bank of England interest rate cuts. According to CCTV News, the EU approved a new round of sanctions against Russia. JD.com and Meituan announced that they will pay social insurance for delivery riders. According to Bloomberg, Musk's X is reportedly negotiating financing, with a valuation of $44 billion. Nikola's U.S. stock fell over 57% in pre-market trading, as the company filed for bankruptcy in a Delaware court. According to Bloomberg, PRADA is working with advisors to evaluate Versace and is considering a potential acquisition offer. In pre-market trading, most Chinese concept stocks rose, European stocks widened their losses, and spot gold hit a new all-time high. The Nikkei 225 index closed down 0.3%, the Shanghai Composite Index closed up 0.81%, and the Hang Seng Index closed down 0.14%. Reminder: At 03:00 Beijing time the next day, the Federal Reserve will release the minutes of the January monetary policy meeting