
Market Movements - US stock index futures are all up, with Dow futures rising by 0.30%, S&P 500 futures up by 0.27%, and Nasdaq futures increasing by 0.31% [1] - European indices also show positive movement, with Germany's DAX up by 0.77%, UK's FTSE 100 up by 0.56%, France's CAC 40 up by 1.30%, and the Euro Stoxx 50 up by 0.93% [2][3] Commodity Prices - WTI crude oil has increased by 0.34%, priced at $65.46 per barrel, while Brent crude oil is up by 0.21%, priced at $66.83 per barrel [4] Economic Indicators - The core PCE price index for May is expected to show a month-on-month increase of 0.1%, consistent with April's figures, while the year-on-year increase is projected to rise to 2.6% from April's 2.5% [5] - Recent comments from Federal Reserve officials indicate a cautious approach towards potential interest rate cuts, with emphasis on waiting for clearer economic signals [6] Corporate News - Nike reported Q4 revenue of $11.1 billion, a 12% year-on-year decline, but exceeded market expectations of $10.72 billion. The company anticipates a smaller revenue decline in Q1 than analysts predicted [9] - Tesla's CEO Elon Musk has dismissed the head of North American and European operations amid declining sales, particularly in Europe, where sales have dropped by approximately 28% year-on-year [10] - Toyota achieved record global sales of approximately 956,000 vehicles in May, marking an 8% year-on-year increase, despite challenges from tariffs [11] - Boeing's proposed acquisition of Spirit AeroSystems is under scrutiny by the UK competition regulator, assessing potential impacts on market competition [12] - CoreWeave is attempting to acquire Core Scientific to expand its cloud computing capabilities, following a previous unsuccessful attempt [13]