--- title: "Global news you need to know before the U.S. stock market opens on Wednesday" type: "News" locale: "en" url: "https://longbridge.com/en/news/244084078.md" description: "On Wednesday before the US stock market opened, global news included the US-China economic and trade consultations held in London, the US CPI in May year-on-year at 2.4%, and the core CPI month-on-month at 0.1%, which was lower than expected. Trump's tariffs face a critical hearing, and the EU has postponed trade negotiations. Jensen Huang plans to establish 20 new AI factories in Europe, and Musk expressed regret over attacking Trump. The European Central Bank may further adjust interest rates, and the European Investment Bank is collaborating with Deutsche Bank to support defense. Ouster's stock rose over 30% before the US market opened, and US stock futures surged in the short term" datetime: "2025-06-11T13:00:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244084078.md) - [en](https://longbridge.com/en/news/244084078.md) - [zh-HK](https://longbridge.com/zh-HK/news/244084078.md) generator: "portal-rs" --- # Global news you need to know before the U.S. stock market opens on Wednesday 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% ### Related Stocks - [OUST.US](https://longbridge.com/en/quote/OUST.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) ## Related News & Research - [Ouster partners with GeoCue to integrate Rev8 OS1 Max lidar into TrueView drone mapping payloads](https://longbridge.com/en/news/297773760.md) - [Ouster COO Darien Spencer disposes of USD 1.35 million in common shares](https://longbridge.com/en/news/295035183.md) - [Why Is Ouster Stock Falling Friday?](https://longbridge.com/en/news/292344344.md) - [Ouster CFO Kenneth Gianella sells USD 1.79 million in common shares](https://longbridge.com/en/news/296414911.md) - [Stereolabs, Ouster subsidiary, partners with Trossen to integrate ZED X stereo cameras into Physical AI robot-learning platforms](https://longbridge.com/en/news/296217974.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**