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

Wallstreetcn
2025.03.27 13:10

The annualized quarter-on-quarter final value of the actual GDP in the United States for the fourth quarter is 2.4%, and the PCE price index is 2.6%.

European and American automotive stocks fell broadly, with General Motors down over 6%, Mercedes-Benz down over 4%, and Tesla down over 1%.

Report: Cloud computing provider CoreWeave is reportedly planning to reduce its IPO size to about $1.5 billion.

Report: OpenAI is close to finalizing a $40 billion financing led by SoftBank, with a valuation reaching $300 billion.

Nio announced plans to place shares at a price of HKD 29.46 per share, issuing no more than 118.79 million Class A ordinary shares.

SMIC's Q4 revenue increased by 30.9% year-on-year to a record high, while net profit decreased by 13.5% year-on-year, with capital expenditures expected to be flat in 2025.

Goldman Sachs raised its year-end gold price forecast to $3,300 per ounce, citing stronger-than-expected demand for gold from central banks.

The Nikkei 225 index closed down 0.6%; the Shanghai Composite Index closed up 0.15%; the Hang Seng Index closed up 0.6%