
Global news you need to know before the U.S. stock market opens on Thursday
U.S. Treasury Secretary Janet Yellen: The two-year U.S. Treasury yield signals that the Federal Reserve should cut interest rates.
Former U.S. Treasury Secretary Yellen stated that tariffs have a very adverse impact on the U.S., significantly increasing the likelihood of a recession.
U.S. stock futures show little short-term volatility, with reports indicating that the U.S. Chamber of Commerce is requesting the White House to grant tariff exemptions for small businesses.
Last week, the number of first-time applicants for unemployment benefits in the U.S. was 241,000, the highest level since February.
The Bank of Japan unanimously agreed to "stay put" and maintain interest rates unchanged due to concerns that a significant reduction in tariffs would lower economic growth expectations.
Bank of Japan Governor: Real interest rates are significantly low, and if the economic outlook materializes, interest rates will continue to rise.
South Korea's acting president and Prime Minister Han Duck-soo announced his resignation.
According to CCTV International News, Jensen Huang stated that the U.S. should not fantasize about quickly winning in the AI field against China.
Tesla: Media reports regarding the search for a CEO successor are not true.
Elon Musk: The government efficiency department "absolutely should" examine the costs of the Federal Reserve.
General Motors lowered its outlook, stating that tariff exposure currently amounts to $5 billion.
Eli Lilly's U.S. stock pre-market fell over 6%, with the company exceeding revenue expectations in the first quarter but lowering its adjusted earnings per share forecast for the year.
McDonald's U.S. stock pre-market fell over 2%, with the company's first-quarter revenue falling short of expectations.
U.S. stock futures rose across the board pre-market, with Microsoft up nearly 8%, Meta up over 6%, gold plummeting, and Brent crude oil falling below $60.
The Nikkei 225 index closed up 1.1%, while A-shares and Hong Kong stocks were closed