--- title: "Pre-market news summary of US stocks" description: "U.S. stock index futures all fell, with Dow futures down 1.5%, S&P 500 futures down 1.6%, and Nasdaq futures down 2.0%. The pan-European Stoxx 600 fell 2.0%. WTI crude oil dropped to $60 per barrel, a" type: "news" locale: "en" url: "https://longbridge.com/en/news/241632241.md" published_at: "2025-05-23T12:55:40.000Z" --- # Pre-market news summary of US stocks > U.S. stock index futures all fell, with Dow futures down 1.5%, S&P 500 futures down 1.6%, and Nasdaq futures down 2.0%. The pan-European Stoxx 600 fell 2.0%. WTI crude oil dropped to $60 per barrel, and Brent crude oil fell nearly 1%. Moody's downgrade of the U.S. credit rating has raised debt concerns. Morgan Stanley holds a pessimistic view on U.S. stocks for the first half of 2025 but is optimistic for the second half and 2026. Apple fell nearly 4% due to Trump's threats, and Ross Stores dropped over 11%. Trip.com rose over 1.2% 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 ### Related Stocks - [ROST.US - Ross Stores](https://longbridge.com/en/quote/ROST.US.md) - [AAPL.US - Apple](https://longbridge.com/en/quote/AAPL.US.md) - [09961.HK - TRIP.COM-S](https://longbridge.com/en/quote/09961.HK.md) - [MS.US - Morgan Stanley](https://longbridge.com/en/quote/MS.US.md) - [MCO.US - Moodys](https://longbridge.com/en/quote/MCO.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Apple Inc. $AAPL Shares Bought by Axecap Investments LLC | Axecap Investments LLC increased its stake in Apple Inc. (NASDAQ:AAPL) by 63.8% in Q3, owning 9,393 shares after acquiri | [Link](https://longbridge.com/en/news/275971418.md) | | Smithbridge Asset Management Inc. DE Has $39.47 Million Holdings in Apple Inc. $AAPL | Smithbridge Asset Management Inc. DE reduced its stake in Apple Inc. (NASDAQ:AAPL) by 1.7% in Q3, holding 155,009 shares | [Link](https://longbridge.com/en/news/275880130.md) | | ANALYSIS-Musk fires up SpaceX, Bezos pushes Blue Origin as US billionaires race China to moon | The competition between U.S. billionaires Elon Musk and Jeff Bezos in the space race is intensifying as both aim to retu | [Link](https://longbridge.com/en/news/275888738.md) | | Soros Fund Management Cuts Share Stake in Alphabet, Raises Share Stake in Apple, Uber | Soros Fund Management has made significant changes to its investment portfolio, as reported in SEC filings. The firm has | [Link](https://longbridge.com/en/news/275951677.md) | | Meitav Investment House Ltd. Raises Stock Position in Apple Inc. $AAPL | Meitav Investment House Ltd. increased its stake in Apple Inc. (NASDAQ:AAPL) by 15.7% in Q3, now holding 81,162 shares v | [Link](https://longbridge.com/en/news/275880121.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.