--- 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/242947934.md" description: "On Tuesday before the US stock market opened, global economic forecasts were downgraded, and the Eurozone CPI fell below 2%. Japan called for more domestic investors to hold government bonds, and the Bank of England's governor hinted at a possible acceleration of interest rate cuts. The situation in Ukraine remains tense, with the Crimean Bridge being bombed. Xiaomi's automotive business is expected to be profitable in the third and fourth quarters, while NIO's Q1 revenue grew by over 21%. US stocks fluctuated lower, European stocks fell, and the dollar rose. Constellation Energy rose over 10% in pre-market trading" datetime: "2025-06-03T12:59:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242947934.md) - [en](https://longbridge.com/en/news/242947934.md) - [zh-HK](https://longbridge.com/zh-HK/news/242947934.md) generator: "portal-rs" --- # Global news you need to know before the U.S. stock market opens on Tuesday The spokesperson of the Ministry of Commerce answered reporters' questions regarding the EU's plan to restrict Chinese companies' participation in public procurement of medical devices. According to CCTV, exit polls show that Lee Jae-myung will win the South Korean election by an overwhelming margin. The OECD has lowered its global economic forecast for the second time this year, stating that the U.S. is the first to be affected by Trump's tariff storm. The preliminary harmonized CPI for the Eurozone in May fell to 1.9%, dropping below the 2% target for the first time in eight months. Reports indicate that the Japanese government will call for more domestic investors to hold Japanese government bonds. Bank of England Governor Bailey: If there is a risk of inflation falling below the target, the central bank may accelerate interest rate cuts. According to Global Times, Ukrainian media reported that Ukraine has blown up the Crimean Bridge, and Russian officials have not yet responded. Russian officials: The third round of negotiations between Russia and Ukraine is highly likely to be held at the end of this month. Russian media: The Kremlin stated that a meeting between the presidents of Russia, the U.S., and Ukraine is unlikely to happen in the near future. According to CCTV, Geert Wilders, leader of the Dutch Freedom Party, announced his withdrawal from the government coalition. At the Xiaomi investor conference: The pricing of the YU7 will be determined 1-2 days before the sale, and the automotive business is expected to achieve profitability in the third or fourth quarter. NIO's Q1 revenue increased by over 21% year-on-year, with a gross margin of 10% for vehicles, and Q2 delivery guidance is expected to increase by 71%-78% quarter-on-quarter. The shadow of tariffs lingers, with U.S. stocks fluctuating lower in pre-market trading, European stocks declining, and U.S. Treasury bonds and the dollar rising. Constellation Energy rose over 10% in pre-market trading, with reports that Meta will purchase nuclear energy from the company. The Nikkei 225 index closed down 0.1%, the Shanghai Composite Index closed up 0.43%, and the Hang Seng Index closed up 1.53% ### Related Stocks - [NIO.US](https://longbridge.com/en/quote/NIO.US.md) - [NIO.SG](https://longbridge.com/en/quote/NIO.SG.md) - [09866.HK](https://longbridge.com/en/quote/09866.HK.md) - [CEG.US](https://longbridge.com/en/quote/CEG.US.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) ## Related News & Research - [Exclusive-After outrunning Bolt, China's robot champion races towards real-world work](https://longbridge.com/en/news/298516320.md) - [Nio Onvo launches L80 styling package, echoing Firefly's strategy to boost appeal](https://longbridge.com/en/news/298685764.md) - [Xiaomi’s wide foldable promises more power than Samsung’s](https://longbridge.com/en/news/298275404.md) - [Xiaomi delivers 30,153 cars in August, down 17.15% year-on-year](https://longbridge.com/en/news/298280522.md) - [Xiaomi launches Sky Nomad SUVs, entering EREV market to boost deliveries](https://longbridge.com/en/news/298220556.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**