
Global news you need to know before the U.S. stock market opens on Thursday
After eight consecutive declines, the European Central Bank has held interest rates steady, waiting for clarity on U.S. tariff policies.
The Eurozone's July PMI rose to 51, reaching a nearly one-year high, with Germany's manufacturing recovering, while France continues to shrink due to a political deadlock.
In response to U.S. tariffs, the EU has approved a counter-tariff plan totaling €93 billion.
The U.S. has released the detailed version of the U.S.-Japan agreement: Japan will invest $550 billion in the U.S. and purchase $8 billion worth of U.S. agricultural products.
Reports indicate that South Korea is considering making investment commitments to the U.S. in hopes of persuading Trump to lower auto tariffs.
U.S. media: For the first time in nearly twenty years, President Trump will visit the Federal Reserve.
Clashes occurred between Thailand and Cambodia along their border.
Google's U.S. stock rose nearly 4% in pre-market trading, with its parent company exceeding expectations for Q2 earnings and raising its full-year capital expenditure to $85 billion.
Tesla's stock fell over 6% in pre-market trading, as the company's Q2 performance was dismal, marking the largest sales decline in a decade.
Deutsche Bank's trading revenue surged, and litigation costs decreased, leading to its Q2 profit being the highest since 2007.
Blackstone's stock rose over 4% in pre-market trading, with the company's Q2 distributable earnings exceeding estimates.
UnitedHealth's stock fell over 4% in pre-market trading, as reports indicate the company is cooperating with the U.S. Department of Justice in its investigation of its Medicare business.
The Nikkei 225 index closed up 1.6%; the Shanghai Composite Index closed up 0.65%; the Hang Seng Index closed up 0.51%