China Unveils Broad Stimulus Package
China implemented new monetary measures to boost its struggling economy, including cutting interest rates and announcing 800 billion yuan ($114 billion) in liquidity to support the stock market. Crude oil prices rose, and Alibaba's ADRs gained 5% in premarket trading.
US Stocks in Focus After Record Highs
U.S. stock futures remained steady after the S&P 500 and Dow Jones hit record highs, driven by the Fed's first rate cut in four years. Investors are closely monitoring future Fed rate decisions based on upcoming economic data.
Boeing’s 'Best and Final' Offer Rejected
Boeing's offer of a 30% wage increase over four years to striking workers was rejected by the union, which criticized the lack of negotiation.
Novo Nordisk CEO to Testify on Drug Prices
Novo Nordisk CEO will testify before the U.S. Senate over the high costs of its weight-loss drugs. The company's ADRs are up 1% in premarket trading.
Tesla Extends Gains on China and Robotaxi Optimism
Tesla's shares rose by 1% in premarket trading, with optimism fueled by positive data from China and expectations for its upcoming robotaxi event.
China implemented new monetary measures to boost its struggling economy, including cutting interest rates and announcing 800 billion yuan ($114 billion) in liquidity to support the stock market. Crude oil prices rose, and Alibaba's ADRs gained 5% in premarket trading.
US Stocks in Focus After Record Highs
U.S. stock futures remained steady after the S&P 500 and Dow Jones hit record highs, driven by the Fed's first rate cut in four years. Investors are closely monitoring future Fed rate decisions based on upcoming economic data.
Boeing’s 'Best and Final' Offer Rejected
Boeing's offer of a 30% wage increase over four years to striking workers was rejected by the union, which criticized the lack of negotiation.
Novo Nordisk CEO to Testify on Drug Prices
Novo Nordisk CEO will testify before the U.S. Senate over the high costs of its weight-loss drugs. The company's ADRs are up 1% in premarket trading.
Tesla Extends Gains on China and Robotaxi Optimism
Tesla's shares rose by 1% in premarket trading, with optimism fueled by positive data from China and expectations for its upcoming robotaxi event.