Pre-market news summary of US stocks

Zhitong
2025.05.23 12:55
  1. In pre-market trading, the three major U.S. stock index futures all fell.
  2. As of the time of writing, Dow futures were down 1.5%, S&P 500 futures were down 1.6%, and Nasdaq futures were down 2.0%.
  3. The pan-European Stoxx 600 fell 2.0%, the UK FTSE 100 index dropped 1.3%, the German DAX index fell 2.3%, and the French CAC-40 index decreased by 3.0%.
  4. WTI crude oil fell to $60 per barrel, the first time since May 9, down 1.08% for the day. Brent crude oil fell nearly 1% during the day, currently reported at $62.93 per barrel.
  5. This week's bond market reflects investors' concerns about the expansion of U.S. debt and deficits, with Moody's downgrade of the U.S. top credit rating further exacerbating these concerns.
  6. Morgan Stanley published a research report stating that although U.S. stocks face many challenges in the first half of 2025, they hold a more optimistic view for the second half and 2026, reaffirming their 12-month target for the S&P 500 index at 6,500 points.
  7. Apple plunged nearly 4% in pre-market trading. Trump threatened that if iPhones are not manufactured in the U.S., he would impose a 25% tariff on Apple.
  8. Ross Stores fell over 11% in pre-market trading, withdrawing its annual sales and profit guidance.
  9. Trip.com rose over 1.2% in pre-market trading after being upgraded by Citigroup with a higher target price and earnings forecast