In pre-market trading, U.S. tech stocks rose broadly, European stocks opened flat, and the Federal Reserve's dovish signals boosted market sentiment

Wallstreetcn
2025.03.20 09:31
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U.S. tech stocks rose broadly in pre-market trading, while European stocks opened flat. The Federal Reserve kept interest rates unchanged, hinting at room for rate cuts, which boosted market sentiment. NVIDIA plans to purchase U.S.-made chips over the next four years to enhance market confidence. Oil prices continued to rise, gold prices fluctuated, and copper prices broke through $10,000 per ton. Most Chinese concept stocks fell, with Alibaba down about 3% and JD.com down about 4%. U.S. Treasury yields changed little, and the dollar rose against the Swiss franc in the short term. The Federal Reserve lowered its economic growth forecast while raising its inflation forecast, expecting to cut rates by 0.5 percentage points