Driven by the rebound of large technology stocks, US stock index futures rebounded from lows, while Nasdaq futures rose. Facebook, Apple, Amazon、 NetflixAnd Alphabet are both up about 1 per cent before trading.
As of press time, Dow futures are down 0.04%, S & P 500 futures are up 0.2%, and Nasdaq futures are up 0.7%.
The FTSE 100th index in the UK fell 1.5 per cent, Germany's DAX index fell 0.3 per cent and France's CAC-40 index fell 0.5 per cent.
In the foreign exchange market, US bond yields rushed to 1.70%, and the dollar fluctuated higher, continuing to challenge the 91 mark.
As US bond yields rose, spot gold suffered a sell-off, falling as low as $1808.64 an ounce.
Today, the United States will release a report on initial unemployment benefits and a report on the producer price index ((PPI)).
The consumer price index rose 4.2 per cent in April, the biggest year-on-year increase since 2008 and well above consensus expectations of 3.6 per cent. Inflation has been a growing concern for investors, but the Fed insists that any price rise should be temporary as the economy recovers from the coronavirus pandemic.
On Wednesday, the S & P 500 recorded its worst day since February, while the Dow JonesThe index recorded its worst day since January. The yield on the 10-year Treasury note closed at a six-week high on concerns that the US economy might overheat.
Carl Weinberg, chief economist of the High Frequency Economics, said on CNBC's "Squawk Box Europe" program on Thursday that he agreed with Federal Reserve Vice Chairman Richard Clarida after the inflation report was released that price increases appeared to be temporary.
Weinberg believes that part of the reason for this "short-lived shock" in inflation is that people spend far more on goods than services, which was shut down last year because of public health restrictions. However, with the reopening of the service sector, Weinberg believes this will "balance" the price pressure between spending on goods and services.
He believes it will take a month or two. "I think inflation and growth will be much better by the end of the summer."
"given the epidemic and the price volatility of the past 12 months, fears of overheating seem premature," said CMC Markets's Michael Hewson.
"while inflation concerns continue to dominate investor concerns, the inflation problem is unlikely to ease as the latest US producer price index, (PPI), for April is released today."
SpreadEx's Connor Campbell said: "following Friday's disappointing non-farm data, today's weekly jobless claims are likely to receive additional attention. Analysts expect the figure to fall to 487000 from 498000 last week. However, these estimates are notoriously inaccurate, so this figure is likely to change greatly. "
Focus stocks
Resources stocks fell before trading, ValeDown 5.3% to Rio TintoDown 3.2%, BHP BillitonIt fell 2.7%, American Steel fell 2.1%, and Alcoa fell 1.8%.
Soonos, a maker of smart speakers, rose nearly 15 per cent after the company raised its full-year revenue forecast in its earnings report yesterday.
Poshmark fell nearly 14% and lost $75 million in the first quarter, exceeding market expectations.
Virgin GalaxyDown nearly 4% before trading, recently, the ARKX fund managed by Cathie Wood sold Virgin Galactic shares sharply.
bilibiliIt was up more than 3% before trading. The average number of monthly paying users in the first quarter was 20.5 million, compared with 13.4 million in the same period last year.
Xiaopeng car rose 1.78% before trading. 13340 cars were delivered in the first quarter. Xiaopeng expects to deliver 15500-16000 vehicles in the second quarter.
BabaIt was down 3% before trading. The loss per share of Q4 in fiscal year 2021 is 1.99 yuan, and the market is expected to be 3.73 yuan, compared with 1.16 yuan in the same period last year.