News

According to TASS: The Russian Defense Ministry said that Russian troops have taken control of Tikhonivka in the Donetsk region of Ukraine.

Market news: An arbitration tribunal has dismissed all Rwanda’s claims against the UK over the migrant transit center deal.

Nasdaq ETF Guangfa: Trading of this fund will be suspended from the opening of the market on June 2, 2026, and trading will resume from 10:30 on June 2, 2026.

After Nvidia launched PC chips, Qualcomm (QCOM.O) shares fell 5.8% before the market opened, Intel (INTC.O) fell 3.3%, and AMD (AMD.O) fell 3%.

The unemployment rate in the Eurozone in April was 6.3%, expected to be 6.20%. The previous value was revised from 6.20% to 6.3%.

Cadence Design Systems shares rose 8.2% pre-market after the company released a fully autonomous virtual engineer powered by Nvidia technology for chip design.

Arm (ARM.O) shares rose more than 10% before the U.S. stock market opened.

Qualcomm (QCOM.O) shares fell 6.1% before the market opened and rose more than 5% last week.

India's NIFTY 50 index fell more than 0.5%.

[Goldman Sachs: Hedge funds bought U.S. stocks last week at the fastest pace in six months] Hedge funds bought U.S. stocks last week at the fastest pace in six months, according to Goldman Sachs Group's prime brokerage business unit, while the S&P 500 continued its record-breaking rise. Goldman Sachs traders said in a client note that the change in trading volume was driven by a combination of long buying in index products and exchange-traded fund products and the liquidation of short positions. Short positions in U.S.-listed exchange-traded funds decreased for the second straight week, falling 0.6%. Investment enthusiasm around artificial intelligence infrastructure construction continues to rise. Coupled with performance exceeding expectations, it jointly promoted the continued rise of the U.S. stock market. The S&P 500 has risen for nine consecutive weeks, its longest stretch since 2023. The Nasdaq 100 index, which is dominated by technology stocks, has risen by more than 20% this year.

Hedge funds bought U.S. stocks last week at the fastest pace in six months as the S&P 500 extended its historic winning streak, according to Goldman Sachs Group Inc.'s primary brokerage unit.

According to TASS news agency: Russia has requested information from France about the seized oil tanker.

The final value of the UK manufacturing PMI in May was 53.9, which was expected to be 53.7 and the previous value was 53.7.

Adviser to the Ukrainian Interior Minister: Russia dispatched 268 drones to attack Ukraine last night.

The final value of the UK manufacturing PMI for May will be released in ten minutes.

ICE data showed that the wholesale price of front-month British natural gas futures contracts rose 5.8% to 117.26 pence/sam.

ICE data shows that the wholesale price of front-month natural gas futures contracts in the Netherlands increased by 5.11% to 48.32 euros/MWh.

US software stocks extended pre-market gains: ServiceNow (NOW.N) up 7.3%, IBM (IBM.N) up 5.4%, Adobe (ADBE.O) up 4.1%, Atlassian up 3.8%, Salesforce (CRM.N) up 3.5%, Workday (WDAY.O) up 1.8%.

U.S. software stocks continued their gains before the market opened. ServiceNow (NOW.N) rose 7.3%, IBM (IBM.N) rose 5.4%, Adobe (ADBE.O) rose 4.1%, Atlassian rose 3.8%, Salesforce (CRM.N) rose 3.5%, and Workday (WDAY.O) rose 1.8%.

At the close of Hong Kong stocks, the Hang Seng Index closed up 0.86%, and the Hang Seng Technology Index closed up 1.65%; Kingdee International (00268.HK) closed up over 19%, and MiniMax (00100.HK) closed down over 15%.