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

State Council: Exempt public kindergartens from the tuition fees for the year before school. Central Bank and seven departments: Financial support for new industrialization, strengthening medium and long-term loan support for digital infrastructure construction. Trump: Can select the Federal Reserve Chairman due to council vacancies, will announce drug and chip tariffs within the next week, and significantly increase tariffs on India within 24 hours. Euro against the dollar fluctuates little in the short term, EU officials: The 15% tariff from the US on the EU is an all-inclusive tariff. According to Global Times, US officials preview: A "major statement" will be made regarding the development of US drones. OECD warns: Weak business investment is dragging down global economic growth. Pfizer's Q2 revenue increased by 10% year-on-year, exceeding expectations, and raised its full-year profit guidance. Falling oil prices offset the impact of increased production, with Saudi Aramco's profits declining for the 10th consecutive quarter. Expectations for interest rate cuts rise, European stocks open higher collectively, S&P 500 futures rise over 0.2%, the dollar turns to rise, and oil prices stabilize after three consecutive days of decline. Nikkei 225 index closed up 0.6%, Shanghai Composite Index closed up 0.96%, Hang Seng Index closed up 0.68%. Reminder: The US July ISM Non-Manufacturing Index will be released at 22:00 Beijing time