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NYSE Content Advisory: Pre-Market update + China considering trade negotiations

NYSE Content Advisory: Pre-Market update + China considering trade negotiations

NEW YORK, May 2, 2025 /CNW/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
Kristen Scholer delivers the pre-market update on May 2nd
Stocks are fractionally higher this morning after the S&P 500 extended its win streak to eight straight sessions on Thursday. The index rose 0.6% as Microsoft and Meta shares rallied after better-than-expected results.
Overnight, China said its assessing possible trade talks with the U.S. and according to reports, it has started exempting some goods from levies that may cover about a quarter of its impact for the U.S.
Wall Street turns to April's Jobs report this morning as forecasters estimate 133,000 jobs were added last month, down from 228,000 in March.
Opening BellRing Magazine celebrates its first-ever boxing event in the United States, titled 'FATAL FURY: City of the Wolves' tonight in Times Square.
Closing BellCarnival Corporation & plc (NYSE: CCL) counts down the days until it rings in a new tropical island paradise, Celebration Key.
Watch NYSE TV Live every weekday 9:00-10:00am ET
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US inflation data to test stocks this week
US inflation data to test stocks this week

The Star

time3 hours ago

  • The Star

US inflation data to test stocks this week

NEW YORK: A fresh look at inflation trends will test the US stock market's rally this week, with some investors saying equities are primed for a potential pullback after rocketing to records. The benchmark S&P 500 ended last Friday up more than 8% on the year and on the cusp of all-time high levels, while the tech-heavy Nasdaq Composite was at a record, as stocks rebounded from declines following a weak employment report earlier this month. Strategists at firms including Deutsche Bank and Morgan Stanley have recently said the market could be poised for some level of pullback after a largely unabated climb over the past four months, which has pushed valuations to historically expensive levels as a seasonally treacherous period for stocks begins. The monthly US consumer price index report, due tomorrow, could cause volatility. Data showing higher-than-expected inflation could undermine the growing expectation for impending interest rate cuts. 'I do think the market is set up for a bit of a pullback,' said Dominic Pappalardo, chief multi-asset strategist at Morningstar Wealth. 'There's a lot of concern bubbling underneath.' The S&P 500 has surged 28% since its low for the year in April, as investor fears about a tariff-induced recession calmed after President Donald Trump's 'Liberation Day' announcement earlier that month had set off extreme asset volatility. The index is trading at over 22 times its earnings estimates for the next year, well above its long-term average price-earnings ratio of 15.8 after recently reaching its highest valuation in over four years, according to LSEG Datastream. Investors are also wary of risks posed by the calendar. Over the past 35 years, August and September have ranked as the worst-performing months for the S&P 500, according to the Stock Trader's Almanac. The index has declined an average of 0.6% in August and 0.8% in September – the only months of negative average performance for the index during that time period. 'The combination of a softer payroll number with concerns of tariff-related inflation could be the recipe for a correction, especially in the seasonally weak third quarter,' Morgan Stanley equity strategist Michael Wilson said in a note last week. Still, Wilson said his 12-month outlook was bullish, adding 'we're buyers of pullbacks'. The consumer price index (CPI) for July is expected to have climbed 2.8% on an annual basis, according to a Reuters poll of economists. Investors will be watching to see if Trump's tariffs on imports are translating into higher prices after the June CPI report suggested levies were impacting the prices of some goods. Market bets on US Federal Reserve (Fed) rate cuts rose following the recent weak jobs data as investors expect the central bank will ease monetary policy to help shore up the labour market. Fed funds futures indicate an over 90% chance the Fed will cut at its next meeting in September, with at least two cuts priced in for this year, LSEG data showed. That narrative could be at risk if CPI rises more than expected, making the Fed more hesitant to cut rates, investors said. 'If the CPI suggests that the market got a little ahead of itself, that can create volatility,' said Angelo Kourkafas, senior investment strategist at Edward Jones. 'But if it's not worse than feared that can further reinforce that we are now in an inflection point for the Fed.' The prospect of higher tariffs and the economic fallout from those levies already instituted by the Trump administration has been a persistent theme clouding markets, but stocks have managed to rise to records despite the uncertainty. Higher tariffs on imports from dozens of countries took effect last Thursday, raising the average US import duty to its highest in a century, while the president also announced plans last week for levies on semiconductor chips and pharmaceutical imports. China could face a potential tariff increase tomorrow unless Trump approves an extension of a prior truce. The impact of higher tariffs on the economy could take a while to show up, and 'the market has kind of ignored the potential negative impact of this friction to the economy', said Matt Rowe, senior portfolio manager at Man Group. 'The market has gotten comfortable with tariffs being kind of a non-event, which I don't think is correct,' Rowe said. — Reuters

US Inflation Data To Test Stock Market Rally Amid Pullback Risks
US Inflation Data To Test Stock Market Rally Amid Pullback Risks

BusinessToday

time18 hours ago

  • BusinessToday

US Inflation Data To Test Stock Market Rally Amid Pullback Risks

US equities face a key test this week as fresh inflation data threatens to interrupt a powerful rally that has pushed benchmarks to record highs. The S&P 500 is up more than 8% this year and nearing all-time highs, while the Nasdaq Composite closed at a record on Aug 8. Reuters reported that strategists at Deutsche Bank and Morgan Stanley warn that stocks may be due for a pullback after a four-month surge that has lifted the S&P 500 by 28% since April, driving valuations to over 22 times forward earnings, well above the long-term average of 15.8. The rally has persisted despite mounting risks from new tariffs and a historically weak seasonal period, with August and September averaging negative returns over the past 35 years. The July Consumer Price Index report on Aug 12, expected to show a 2.8% annual rise, could spark volatility. A stronger-than-expected reading may temper expectations for imminent Federal Reserve (Fed) rate cuts, which markets currently see as highly likely following weak jobs data. The tariff backdrop adds another layer of uncertainty. The US has just enacted its steepest average import duties in a century, with new levies targeting semiconductor chips and pharmaceuticals. China could face further tariff hikes on Aug 12 unless President Donald Trump extends an existing truce. Investors say any surprise uptick in inflation could force the Fed to hold off on easing, a move that could test the resilience of the market's record-breaking run.

DDD Investors with Losses in Excess of $100K Have Opportunity to Lead 3D Systems Corporation Securities Fraud Lawsuit
DDD Investors with Losses in Excess of $100K Have Opportunity to Lead 3D Systems Corporation Securities Fraud Lawsuit

Malaysian Reserve

timea day ago

  • Malaysian Reserve

DDD Investors with Losses in Excess of $100K Have Opportunity to Lead 3D Systems Corporation Securities Fraud Lawsuit

NEW YORK, Aug. 9, 2025 /PRNewswire/ — Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of 3D Systems Corporation (NYSE: DDD) between August 13, 2024 and May 12, 2025, both dates inclusive (the 'Class Period'), of the important August 12, 2025 lead plaintiff deadline. So what: If you purchased 3D Systems securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the 3D Systems Corporation class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 12, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) 3D Systems had understated the impact of weakened customer spending on 3D Systems' business, while overstating its resilience in challenging industry conditions; (2) in addition, the updated milestone criteria in the United Partnership (a partnership with United Therapeutics Corporation) would negatively impact 3D Systems' Regenerative Medicine Program revenue; and (3) as a result, 3D Systems' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the 3D Systems class action, go to call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: or on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Kim, Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827case@

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