U.S. stock futures rise as Fed official emphasizes policy independence

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Futures market activity increased as U.S. stock futures rose ahead of the open, with Dow Jones futures up 1.12%, S&P 500 futures at 0.55%, and Nasdaq 100 futures gaining 0.13%. Perpetual futures showed mixed momentum as oil prices dropped, with WTI crude down 6.75% and Brent crude down 5.75%. European indices advanced, with CAC 40 and DAX 30 rising 1.20% and 1.28%, respectively. New York Fed President John Williams stated that monetary policy remains in a strong position and will not be swayed by market pressures.

Odaily Planet Daily report: Before the U.S. stock market opens, investors should pay close attention to the following key financial news:

1. The three major U.S. stock index futures rose moderately. The Dow Jones Index futures increased by 1.12%, the S&P 500 Index futures rose by 0.55%, and the Nasdaq 100 Index futures gained 0.13%.

2. International oil prices plunged collectively. WTI crude oil futures fell 6.75% to $78.951 per barrel; Brent crude oil futures dropped 5.75% to $82.875 per barrel.

3. International spot gold and silver prices fluctuated narrowly. Spot gold prices rose 0.05% to $4,048.39 per ounce; spot silver prices fell 0.17% to $57.53 per ounce.

4. Most of Europe's major stock indices rose. The UK FTSE 100 fell 0.08%, while France's CAC 40 rose 1.20% and Germany's DAX 30 rose 1.28%.

5. Prominent journalist Gurman posted that Apple is currently facing shortages of memory chips and main device processors, and prices are certain to rise this year, with the iPhone expected to increase by $100 to $200. Regarding a foldable iPhone, he stated its starting price will be at least $2,000, possibly even higher.

6. Alibaba has launched its next-generation foundational large model, Qwen3.8, with a total of 2.4 trillion parameters, significantly enhancing its capabilities in programming and professional office tasks. Alibaba's stock rose nearly 4% in pre-market trading.

7. Samsung Electronics' foundry business is expected to achieve 100% capacity utilization by the second half of this year. Currently, the utilization rate for this business is estimated to be between 70% and 80%.

8. AstraZeneca is reportedly considering a merger with U.S. competitor Bristol Myers Squibb, which could result in a combined company with a market value of up to $400 billion.

9. JPMorgan strategists believe that as market performance broadens to more sectors, technology stocks or AI-related stocks are unlikely to be the primary drivers of market returns in the second half of the year.

10. New York Fed President Williams expressed optimism about inflation easing, stating that the current monetary policy stance is "in a good place" and that monetary policy will not be dictated by markets.

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