Group 1 - Dow futures rose by 0.01%, S&P 500 futures fell by 0.11%, and Nasdaq futures decreased by 0.27% [1] - OpenDoor, a real estate technology company, surged over 15% in pre-market trading, marking its sixth consecutive day of significant gains, becoming a popular stock among retail investors [1] - Bawang Tea's stock increased by over 3% in pre-market trading as the company announced its return to the Vietnamese market with a new store opening in Ho Chi Minh City [1] - Pony.ai's stock rose by over 2% in pre-market trading after the company announced the road testing of its seventh-generation autonomous driving system in Shenzhen [1] - Sanofi has reached a final agreement to acquire Vicebio for up to $1.6 billion, which includes an upfront payment of $1.15 billion and additional milestone payments [1] Group 2 - JPMorgan predicts that $500 billion will flow into the U.S. stock market in the second half of the year, primarily from retail investors [2] - BitGo Holdings Inc. has secretly submitted an IPO application amid optimistic sentiment in the digital asset market [2] - Fitch Ratings downgraded the outlook for 25% of U.S. industries to "deteriorating" due to increased policy risks and economic uncertainty [2] - The U.S. Congressional Budget Office estimates that the "Big and Beautiful" tax and spending bill will increase the U.S. deficit by $3.4 trillion over the next decade [2] Group 3 - Federal Reserve Chairman Jerome Powell is scheduled to speak at a regulatory meeting related to large bank capital framework reviews, focusing on Basel III, stress tests, and capital requirements [3]

Group 1 - The Vice Chair of the Federal Reserve, Bowman, indicated that the current regulatory approach to leverage requirements has led to unexpected consequences in the market, suggesting a need to reassess this critical capital buffer mechanism [1] - Bowman highlighted that the current Supplementary Leverage Ratio (SLR) rules may restrict the trading activities of bank-affiliated broker-dealers in the $29 trillion U.S. Treasury market, potentially impacting the broader market [1] - A reform proposal is expected to be announced by the Federal Reserve and other financial regulators this week, which will adjust the overall leverage ratio rather than just excluding assets like Treasury securities as previously anticipated [1] Group 2 - Bowman criticized the plan requiring large banks to significantly increase capital reserves to address potential crises, which was originally expected to raise capital requirements by 19% under the Basel III final framework, but faced pushback from the financial industry [2] - In terms of monetary policy, Bowman expressed willingness to support a rate cut as early as July if inflation continues to decline, emphasizing the need to adjust rates to maintain a healthy labor market [2] - The Federal Reserve's target range for the federal funds rate remains at 4.25% to 4.5%, and Bowman supports this decision while noting that recent economic data has not shown significant impacts from tariffs [2]