
Global news you need to know before the U.S. stock market opens on Friday
In April, the core PCE price in the United States increased by 2.5% year-on-year, reaching a new low in over four years, while personal spending significantly slowed to 0.1%.
Report: Due to obstacles in reciprocal tariffs, the Trump team is considering a "Plan B."
Report: OPEC+ is reportedly considering increasing production by more than 411,000 barrels per day in July.
Strong domestic demand supports India's GDP unexpectedly accelerating to 7.4% in the first quarter.
Dell Tech rose over 2% in pre-market trading, as the company's Q1 AI server orders far exceeded expectations, with a bright outlook for Q2 revenue.
Micron Technology fell over 3% in pre-market trading, with earnings reports showing that the AI boom drove explosive performance, but the growth structure imbalance intensified.
Gap fell over 14% in pre-market trading. The company expects tariffs to have an adverse impact on operating profit of up to $150 million for the entire year.
Bawang Chaji's first quarterly report after going public: Q1 net revenue increased by 35.4% year-on-year, and net profit increased by 13.8% year-on-year.
The Nikkei 225 index closed down 1.2%; the Shanghai Composite Index closed down 0.47%; the Hang Seng Index closed down 1.2%