Global News You Need to Know Before Thursday's U.S. Stock Market Opens

In March, the Caixin China Services PMI reached a three-month high, while the Composite PMI hit a four-month high.
After the implementation of Trump's tariffs: the EU and Canada are "ready to retaliate," while Japan "will seek exemptions."
DOGE impacts, the number of layoffs by Challenger companies in the U.S. rose to the highest level since May 2020.
The U.S. Dollar Index fell below 102, the yield on 10-year U.S. Treasury bonds dropped by 10 basis points, and Vietnam's VN Index plummeted by 6%.
Oil prices face further challenges! OPEC+ agreed to a production increase greater than expected in May.
Reports: Microsoft halts multiple global data center projects.
HSBC downgraded NVIDIA's rating to Hold.
Nike fell over 14% in pre-market trading, as Vietnam faces a 46% high tariff from the U.S., impacting exports of clothing and footwear to the U.S.
Meituan launched a pilot program for rider pension insurance subsidies, open to all riders.
Morgan Stanley: Tariffs pose inflation risks, and the Federal Reserve's next rate cut will have to wait until March next year.
The Nikkei 225 index closed down 2.8%; the Shanghai Composite Index closed down 1.86%; the Hang Seng Index closed down 1.52%