--- title: "Global news you need to know before the U.S. stock market opens on Friday" type: "News" locale: "en" url: "https://longbridge.com/en/news/228358957.md" description: "In January, the incremental social financing scale was 7.06 trillion yuan, with new RMB loans of 5.13 trillion. U.S. retail sales fell by 0.9% month-on-month in January. The Eurozone economy unexpectedly grew by 0.1% at the end of 2024. The EU relaxed regulations on the technology sector to promote AI investment. Revenue from Elon Musk's social platform X increased by 40%. Hermès' sales grew by 18% in the fourth quarter. In pre-market trading, popular Chinese concept stocks in the U.S. rose broadly, with Alibaba surging by 6%. The Nikkei 225 index fell by 0.8%, the Shanghai Composite Index rose by 0.43%, and the Hang Seng Index rose by 3.69%" datetime: "2025-02-14T14:00:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228358957.md) - [en](https://longbridge.com/en/news/228358957.md) - [zh-HK](https://longbridge.com/zh-HK/news/228358957.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/228358957.md) | [繁體中文](https://longbridge.com/zh-HK/news/228358957.md) # Global news you need to know before the U.S. stock market opens on Friday In January, the social financing scale increased by 7.06 trillion yuan, the highest level for the same period in history; new RMB loans amounted to 5.13 trillion, and the M2-M1 spread continued to narrow. Affected by severe weather and fires, U.S. retail sales fell by 0.9% month-on-month in January, a decline that far exceeded expectations. The Eurozone economy unexpectedly grew by 0.1% at the end of 2024, but both Germany and France fell into contraction. Russia: There is little interest in rejoining the G7, with a greater focus on the G20. "Green light" for AI investments! The EU has finally relaxed regulations on the tech industry. According to The New York Times, revenue from Musk's social platform X grew by 40% last year. Unfazed by the luxury goods winter! Hermès' fourth-quarter sales exceeded expectations with an 18% increase. U.S. pre-market: Popular Chinese concept stocks rose broadly, with Alibaba up 6%, WeRide once rising over 120%, while SoundHound AI and Serve Robotics fell sharply; European luxury stocks collectively rose, with Hermès up nearly 4%, gold and silver strengthened, and oil prices climbed. The Nikkei 225 index closed down 0.8%, the Shanghai Composite Index closed up 0.43%, and the Hang Seng Index closed up 3.69% ### Related Stocks - [Hermès International Société en commandite par actions (HESAY.US)](https://longbridge.com/en/quote/HESAY.US.md) - [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [ProShares UltraShort Yen (YCS.US)](https://longbridge.com/en/quote/YCS.US.md) - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [SoundHound AI, Inc. (SOUN.US)](https://longbridge.com/en/quote/SOUN.US.md) - [Tesla, Inc. (TSLA.US)](https://longbridge.com/en/quote/TSLA.US.md) - [WeRide Inc. (WRD.US)](https://longbridge.com/en/quote/WRD.US.md) ## Related News & Research - [Short Interest in Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY) Drops By 34.7%](https://longbridge.com/en/news/280877138.md) - [Alibaba Stock: Can a Cloud-and-AI Pivot Turn Recovery Into Durability?](https://longbridge.com/en/news/280888426.md) - [What You Need to Know Ahead of AT&T‘s Earnings Release](https://longbridge.com/en/news/280986472.md) - [Pricier fuel hits Tokyo cherry blossom river cruises ](https://longbridge.com/en/news/281140182.md) - [Warren Buffett Says He'd Buy 'A Whole Lot' Of Apple If It Gets Cheaper— And He's Not Losing Sleep Over Cashing Out $100 Billion Stake](https://longbridge.com/en/news/281202027.md)