---
title: "Global news you need to know before the U.S. stock market opens on Tuesday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/222567924.md"
description: "The China-U.S. Financial Working Group held its seventh meeting. * Trump: The U.S. and China can solve all the world's problems together. * The State-owned Assets Supervision and Administration Commission of the State Council: Enhancing the investment value of central enterprises' listed companies and strengthening investor returns should be treated as a long-term task. * Boosted by a surge in automobile purchases, U.S. retail sales in November increased by 0.7% month-on-month, exceeding expectations. * $180 billion asset management giant T. Rowe Price: With deteriorating fiscal conditions, U.S. Treasury yields will soon reach 6%. * European Central Bank Governing Council member Rehn: With inflation stabilizing, the direction of interest rates is clear. * U.K. wage growth exceeded expectations! The pound rose, and traders reduced bets on a Bank of England rate cut, with the yield on U.K. 30-year government bonds rising to its highest level since 2023. * Alibaba: Sold Intime for 7.4 billion yuan, expected to record a loss of about 9.3 billion yuan. * Pfizer's U.S. stock rose over 3% in pre-market trading, with the company expecting revenue of $61 billion to $64 billion in 2025. * Some Chinese concept stocks rose in pre-market trading, European stocks and gold fell, and the three major stock index futures declined slightly. * The Nikkei 225 index closed down 0.2%, the Shanghai Composite Index closed down 0.73%, and the Hang Seng Index closed down 0.48%"
datetime: "2024-12-17T14:01:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/222567924.md)
  - [en](https://longbridge.com/en/news/222567924.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222567924.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/222567924.md) | [繁體中文](https://longbridge.com/zh-HK/news/222567924.md)


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

The China-U.S. Financial Working Group held its seventh meeting.  
Trump: The U.S. and China can solve all the problems in the world together.  
The State-owned Assets Supervision and Administration Commission: Enhancing the investment value of central enterprises' listed companies and strengthening investor returns should be treated as a long-term task.  
Boosted by a surge in car purchases, U.S. retail sales in November increased by 0.7% month-on-month, exceeding expectations.  
$180 billion asset management giant T. Rowe Price: With deteriorating fiscal conditions, U.S. Treasury yields will soon reach 6%.  
European Central Bank Governing Council member Rehn: With inflation stabilizing, the direction of interest rates is clear.  
UK wage growth exceeded expectations! The pound rose, traders reduced bets on a Bank of England rate cut, and the yield on UK 30-year government bonds rose to its highest level since 2023.  
Alibaba: Sold Intime for 7.4 billion yuan, expected to record a loss of about 9.3 billion yuan.  
Pfizer's U.S. stock rose over 3% in pre-market trading, with the company expecting revenue of $61 billion to $64 billion in 2025.  
Some Chinese concept stocks rose in pre-market trading in the U.S., while European stocks and gold fell, and the three major U.S. stock index futures slightly declined.  
The Nikkei 225 index closed down 0.2%, the Shanghai Composite Index closed down 0.73%, and the Hang Seng Index closed down 0.48%

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