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Global news you need to know before the U.S. stock market opens on Wednesday

Wallstreetcn
Jun 11, 2025 at 01:00 PM

According to CCTV, the first meeting of the China-U.S. economic and trade consultation mechanism was held in London, UK.
No tariff increases have yet appeared! The U.S. May CPI year-on-year is 2.4%, and the core CPI month-on-month is 0.1%, remaining below expectations for the fourth consecutive month.
The federal appeals court has extended the life of Trump's tariffs, with a key hearing scheduled for the end of July.
The deadline for Trump's tariffs is approaching, the EU refuses to compromise, and plans to postpone trade negotiations until after July.
Jensen Huang: Plans to establish 20 new "artificial intelligence factories" in Europe, quantum computing is reaching a turning point.
Elon Musk admits his mistake: regrets attacking Trump, saying he went too far.
U.S. President Trump, when asked if he could reconcile with Musk, said, "I think I can."
European Central Bank Governing Council member Kazaks: "It is very likely" that further adjustments to interest rates will be needed.
According to Bloomberg, the European Investment Bank will cooperate with large financial institutions such as Deutsche Bank to provide funding support for the defense sector.
Eager to boost the stock market! In his first week in office, Lee Jae-myung made a high-profile visit to South Korea's major stock exchanges.
Ouster's U.S. stock pre-market rose over 30% at one point, as the company's OS1 digital lidar has received review and approval from the U.S. Department of Defense.
U.S. May core inflation is below expectations! U.S. stock futures surged briefly, the dollar and U.S. Treasury yields fell together, while U.S. rare earth stocks dropped in pre-market trading, and quantum computing concept stocks rose.
The Nikkei 225 index closed up 0.5%, the Shanghai Composite Index closed up 0.52%, and the Hang Seng Index closed up 0.84%

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

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