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

Wallstreetcn
Jul 22, 2025 at 01:05 PM

U.S. Treasury Secretary Janet Yellen: Tariff revenue is "substantial," expected to reach $2.8 trillion over the next decade, potentially accounting for 1% of U.S. GDP.
If tariff negotiations make no progress, the EU states it will implement countermeasures against the U.S. worth over €90 billion.
Thailand claims it is close to reaching an agreement with the U.S., with new tariff rates possibly dropping to around 20%.
Iran: Will hold a trilateral meeting with China and Russia.
Reports: The Bank of Japan is likely to maintain its benchmark interest rate next week, believing that the election will have little impact on its interest rate stance.
"Influencer stock" OpenDoor surged over 21% in pre-market trading, marking its sixth consecutive day of skyrocketing, attracting a frenzy of retail investors.
DuPont's U.S. stock rose over 2% in pre-market trading as the State Administration for Market Regulation suspended its antitrust investigation into DuPont China Group Co., Ltd.
General Motors fell in pre-market trading, with adjusted EBITDA in the second quarter down 32% year-on-year.
With the price increase strategy in effect, Coca-Cola's Q2 operating profit soared 63%, with revenue exceeding expectations.
The U.S. "Stargate" project has had a rocky start, with no data centers established in the six months since launch.
World Health Organization: New guidelines for treating adult obesity based on GLP-1 therapy are scheduled for formal release in September.
Nikkei 225 index closed down 0.1%; Shanghai Composite Index closed up 0.62%; Hang Seng Index closed up 0.54%

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

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