Global news you need to know before Monday's U.S. stock market opens

Wallstreetcn
2025.03.03 13:59

The United States plans to "cut off supplies" to Ukraine, while the European Union intends to relax emission targets for automobile manufacturers, leading to a surge in European stock prices for defense and automotive sectors.
The Eurozone's February CPI year-on-year is 2.4%, with significant declines in service sector inflation.
Trump plans to include cryptocurrencies in strategic reserves, causing cryptocurrency concept stocks to surge in pre-market trading in the U.S.
Intel jumped 7% in pre-market trading, with reports that NVIDIA and Broadcom are "testing the waters" for the company's 18A process.
Baidu plans to issue offshore RMB bonds worth 10 billion yuan (equivalent to 1.4 billion USD).
Li Auto announced that its first pure electric SUV, the i8, will be released in July.
Reports indicate that Prada is close to acquiring Versace for 1.5 billion euros.
The Nikkei 225 index rose by 1.7%; the Shanghai Composite Index fell by 0.12%; the Hang Seng Index rose by 0.28%

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