On Monday, April 1, after the February PCE price index was released, which was basically in line with expectations, the three major U.S. stock futures indexes collectively rose before the market opened. Spot gold continued to rise, Bitcoin fell by more than 1%, and crude oil fell slightly.

The February PCE growth rate announced last Friday was 2.8% year-on-year, the lowest level since March 2021. The core PCE growth rate fell back to 0.3% in February, indicating that inflation has cooled, but has not yet fallen to the Fed's 2% target. .

European stock markets will be closed for Easter today.

The three major U.S. stock index futures rose collectively

Dow futures rose 0.3%, S&P 500 futures rose 0.35%, and Nasdaq 100 futures rose 0.59%.

Most star technology stocks rose, with Nvidia, TSMC and AMD rising by more than 1%, and Tesla rising by about 1%.

Chinese concept stocks generally rose, with JD.com rising by more than 2%. After the delivery data was released, Xpeng Motors rose by nearly 3% and Li Auto rose by nearly 4%. NIO rose more than 1%, while Pinduoduo and Alibaba rose more than 1%.

New energy vehicle stocks rose before the market opened, with Nikola rising more than 13%.

Bitcoin drops more than 1%

Bitcoin fell after hitting US$70,000 and is now trading at US$69,400 per coin.

Spot gold continues to hit record highs

After expectations of interest rate cuts increased, spot gold continued to rise, rising more than 1% during the day, hitting an intraday high of $2,265.43 per ounce and now trading at $2,256.73 per ounce.

Crude oil edged lower

Brent oil and U.S. oil fell slightly.