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

U.S. retail sales in February increased by 0.2% month-on-month, falling short of expectations, with the previous value significantly revised down. Trump stated he will have a call with Putin on Tuesday and will impose broad reciprocal tariffs on April 2, along with additional tariffs on specific industries. The OECD has lowered its global economic growth forecasts for this year and next. Trump has sparked trade concerns, leading UBS to raise its gold price target to $3,200 per ounce. Berkshire "as promised" increased its holdings in Japan's five major trading companies, with an average shareholding ratio approaching 10%. Intel rose more than 2% in pre-market trading, with reports indicating that Intel's new CEO plans to comprehensively reform the chip business and artificial intelligence strategy. U.S. Steel rose nearly 3% in pre-market trading, as the U.S. Department of Justice plans to extend the deadline for U.S. Steel and Nippon Steel's lawsuit against the Committee on Foreign Investment in the United States. Ming-Chi Kuo: The release of B300 is a key focus for NVIDIA's GTC 2025, with mass production expected in the third quarter. The Nikkei 225 index closed up 0.9%; the Shanghai Composite Index closed up 0.19%; the Hang Seng Index closed up 0.77%