Sony Group(US:SONY) Sou Hu Cai Jing·2025-11-21 13:36Market Overview - US stock index futures showed mixed results with Dow futures up 0.14% and S&P futures up 0.08%, while Nasdaq futures fell 0.12% [1] - Major European stock indices declined, with the Euro Stoxx 50 down 1.14%, FTSE 100 down 0.35%, CAC 40 down 0.3%, and DAX 30 down 0.84% [1] - WTI crude oil prices fell by 1.51% to $58.11 per barrel, and Brent crude oil dropped 1.26% to $62.58 per barrel [1] - Gold prices decreased by 0.39% to $4044.1 per ounce [1] Economic Indicators - Federal Reserve's Williams indicated that there is still room for interest rate cuts [1] - The volatility index in European markets reached its highest level since May [1] - The Indian rupee fell to a historic low against the US dollar at 89.1613 [1] - The World Steel Association reported a 5.9% year-on-year decline in global crude steel production for October [1] - ECB President Lagarde stated that reducing internal trade barriers in the EU could offset the economic impact of US tariffs through increased internal trade [1] Company News - Sony's stock rebounded over 3.4% after Nomura upgraded its rating from "Neutral" to "Buy" and raised the target price from 4700 JPY to 5300 JPY, citing growth in PS Plus memberships and music business [1] - H&M announced a 1 billion SEK stock buyback plan aimed at returning capital to shareholders and adjusting its capital structure, effective from November 21 until January 28 or earlier [1] - Astana Airlines signed a memorandum of understanding to purchase up to 50 Airbus A320neo aircraft, marking the largest procurement in the company's history with 25 firm orders and 25 options [1] Upcoming Economic Data - Key economic data to be released includes Canada's September retail sales month-on-month at 21:30, US November S&P Global Manufacturing PMI and Services PMI preliminary values at 22:45, and Michigan University Consumer Sentiment Index final value at 23:00 [1]