News

LSEG data shows that the base load electricity price in France fell by 67.92% the next day to 8.5 euros/MWh.

JPMorgan Chase: Raised its target price on Hewlett-Packard (HPQ.N) to $68 from $37.

Rabobank: The European Central Bank will raise interest rates by 25 basis points, most likely in September.

The Bank of England's April mortgage lending approvals will be released in ten minutes.

Marvell Technology (MRVL.O) U.S. stocks surged 25% before the market opened, after Huang Renxun said that Marvell Technology will become the next trillion-dollar company.

U.S. star technology stocks had mixed pre-market trends. Broadcom (AVGO.O) rose 5.5%, Oracle (ORCL.N) fell 2.5%, Google (GOOG.O) and Intel (INTC.O) fell 2%, and AMD (AMD.O) and Microsoft (MSFT.O) fell 1.5%.

Most Chinese concept stocks rose before the market opened, with Li Auto (LI.O) up 7.5%, Alibaba (BABA.N) up 6%, JD.com (JD.O) up 5%, Bilibili (BILI.O) and NIO (NIO.N) up 4%, and Baidu (BIDU.O) up 3%.

Ukraine's National Gas Company (Naftogaz): Russia carried out drone and missile attacks on a key company facility in the Kharkiv region of Ukraine.

Major European stock indexes rose. Germany's DAX index exceeded 25,000 points and rose 1.35% on the day. The European Stoxx 50 Index, FCHI Index, and Italy's FTSE MIB Index rose by more than 1%. The British FTSE 100 Index rose by 0.53%.

Bernard Lange, Member of the European Parliament: The International Trade Committee of the European Parliament overwhelmingly supports the implementation of the results of the EU-US agreement negotiations. Next, a plenary meeting vote will be held on June 16.

Market News: The International Trade Committee of the European Parliament voted to pass legislation to eliminate multiple EU import tariffs on US goods, which is a key part of the EU-US trade agreement reached in July 2025.

Ukrainian military: Attacked Russia's Ilsky oil refinery.

French Foreign Minister: The United States and Iran should resolve the Strait of Hormuz issue as soon as possible.

French Foreign Minister: Nothing can justify Israel’s long-term occupation in Lebanon.

UK energy regulator OFGEM is seeking comments on draft guidance aimed at supporting the management of moderate supply chain security risks in the downstream gas and power sectors.

Senior Iranian official Sardar Asadi: The United States only wants our complete surrender, and the Iranian nation will never surrender.

Spain's IBEX 35 index rose by 1.00% on the day.

STMicroelectronics' European shares rose by 8.7%, with the stock price at 64.5 euros, the highest level since September 2000.

The German DAX30 index opened on June 2 (Tuesday), up 190.37 points, or 0.76%, to 25184.50 points;The British FTSE 100 index opened on June 2 (Tuesday), up 31.26 points, or 0.30%, to 10370.21 points ;The FCHI index opened up 49.22 points, or 0.60%, at 8195.81 points on June 2 (Tuesday); The European Stoxx 50 Index opened at 6076.56 points, up 41.61 points, or 0.69%, on June 2 (Tuesday); The Spanish IBEX35 index opened up 138.46 points, or 0.76%, at 18284.06 points on June 2 (Tuesday); The Italian FTSE MIB index opened at 50104.50 points at the opening on June 2 (Tuesday), up 329.34 points, or 0.66%.

Minutes of the Bank of Japan's investor meeting: One participant said there was little need to further taper bond purchases.