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

Wallstreetcn
2025.04.17 12:59

Li Qiang: In some key time windows, promote various policy measures to take action early and quickly, which will have a positive impact on expectations.
The G20 held the second meeting of the development working group, and China clarified its position on the U.S. "reciprocal tariffs."
Trump: The Federal Reserve should have cut interest rates long ago, and the dismissal of Powell "came too slowly."
Federal Reserve Vice Chair Williams: Does not believe there is a need to adjust the federal funds rate in the short term.
The European Central Bank cut interest rates by 25 basis points as expected, with Lagarde stating that the downside risks to economic growth have intensified.
White House: No phone call received, U.S. media: Overestimated the impact of tariffs on China.
The U.S. Philadelphia Fed Manufacturing Index for April is -26.4, the lowest level since April 2023.
U.S. new housing starts in March fell to 1.324 million units, far below expectations.
The number of first-time unemployment claims in the U.S. last week was 215,000, lower than expected.
Taiwan Semiconductor's Q1 net profit increased by 60% year-on-year, exceeding expectations, maintaining its full-year capital expenditure and revenue guidance, and did not see tariff impacts on customers.
Jensen Huang: NVIDIA will continue to spare no effort in optimizing its product system to meet regulatory requirements and will steadfastly serve the Chinese market.
Eli Lilly's U.S. stock rose over 14% in pre-market trading, as the company announced that its weight loss drug Orforglipron achieved its primary endpoint in Phase 3 clinical trials.
Hermès' Q1 revenue increased by 7%, slightly below expectations, and plans to implement a comprehensive price increase to cope with tariffs.
UnitedHealth's U.S. stock pre-market decline expanded to 20%, after the company lowered its full-year adjusted earnings per share forecast.
U.S. stock index futures were mixed before the market opened, with most chip stocks rising, Taiwan Semiconductor up about 4%, the yen falling, and gold retreating.
The Nikkei 225 index closed up 1.3%, the Shanghai Composite Index closed up 0.13%, and the Hang Seng Index closed up 1.61%