Before today's U.S. stock market, European and U.S. stock markets did not fluctuate much and showed a moderate upward trend. The three major U.S. stock indexes rose slightly, Tesla continued to rise before the market, Microsoft and AMD quarterly reports are imminent, stock prices fluctuate little, and most of the popular Chinese concept stocks are lower.
Most of Europe's major indices opened higher. Today's French and German GDP data came out, France's GDP in the second quarter exceeded expectations year-on-year, and Germany's GDP unexpectedly declined.
Before the U.S. stock market, Procter & Gamble, Merck Pharmaceutical, Pfizer Pharmaceutical, etc. will release performance reports; After the market, Microsoft, AMD and others will release earnings reports.
The three major U.S. stock indexes rose slightly, with Tesla up more than 1%, CrowdStrike down more than 5%, and most of the popular Chinese concept stocks lower
Currently, Dow futures are up 0.07%, S&P 500 futures are up 0.15%, and Nasdaq 100 futures are up 0.1%.
Among the popular technology stocks, Amazon, Apple, TSMC and others rose slightly. Extending yesterday's rally, Tesla rose 1.5% pre-market, after Da Mo listed Tesla as the preferred auto stock, replacing Ford, and the stock price is expected to have 40% upside.
Most of the popular Chinese concept stocks fell, with Xiaopeng Motors falling more than 2%, Li Auto falling nearly 2%, and JD.com and New Oriental falling more than 1%.
CrowdStrike U.S. stocks fell 5.16% premarket to $245.46. On the news side, Delta Air Lines is said to have hired well-known lawyer David Boies to seek compensation from CrowdStrike and Microsoft for the previous large-scale network outage.
Most European stocks opened higher, most of the "Eleventh Arhats" fell, and AstraZeneca fell more than 2%
Today, France's Q2 GDP grew more than expected year-on-year, and Germany's GDP unexpectedly fell. Germany released the preliminary GDP for the second quarter, and the economy unexpectedly contracted, and the data showed that the seasonally adjusted GDP was -0.1% quarter-on-quarter, lower than the expected 0.1% and lower than the previous value of 0.2%.
Statistics France released the preliminary GDP for the second quarter, and the economic growth exceeded expectations, the data showed that France's GDP in the second quarter was 0.3% quarter-on-quarter, higher than the expected 0.2% and the previous value, and unchanged from the adjusted 0.3% in the first quarter. France's preliminary GDP in the second quarter was 1.1% year-on-year, higher than expectations of 0.7% and lower than the previous value of 1.3%.
European stocks mostly opened higher, with the Euro Stoxx 50 up 0.39%, Germany's DAX 30 up 0.20%, France's CAC 40 up 0.28%, and United Kingdom's FTSE 100 down 0.27%.
So far, the United Kingdom's FTSE 100 index has extended its decline to nearly 0.6%.
Most of the European stocks fell "Arhat Eleven", AstraZeneca fell more than 2%, SAP fell more than 1%, ASML rose more than 2%, and Novo Nordisk rose 1.7%.
Crude oil and spot gold fluctuated little
In terms of other assets, crude oil and spot gold did not fluctuate much. Silver rose 0.7% in New York.
Yesterday, WTI crude oil futures for September delivery closed down $1.35, or 1.75%, at $75.81 a barrel, falling below the 200-day moving average. Brent crude futures for September delivery closed down $1.35, or 1.66%, at $79.78 a barrel.
The dollar index edged higher, with USDJPY up 0.4%.
As Wall Street prepares for a busy corporate earnings week, with heavyweights such as Microsoft, Meta, Apple, and Amazon, which account for 40% of the S&P 500's market capitalization, all set to report quarterly results this week, which will be crucial for tech stocks to recover from last week's losses.
The Fed's interest rate policy meeting is about to begin, and investors fully expect the Fed to cut interest rates by at least two 25 basis points each this year.
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