Preview of US Stock Market | The three major stock index futures are mixed, with Broadcom Inc. (AVGO.US) guidance falling short of expectations dragging down Nasdaq futures by over 1% before the market opens.

Pre-market Market Trends 1. Before the market on June 4th (Thursday), the futures of the three major U.S. stock indexes were mixed. As of the time of writing, the Dow Jones Industrial Average futures were up 0.89%, S&P 500 index futures were down 0.36%, and Nasdaq futures were down 1.28%. 2. As of the time of writing, the Germany DAX index was up 0.54%, the UK FTSE 100 index was down 0.36%, the France CAC 40 index was up 1.03%, and the European Stoxx 50 index was up 0.27%. 3. As of the time of writing, WTI crude oil was down 3.36% at $92.79 per barrel. Brent crude oil was down 3.11% at $94.77 per barrel. Market News Trump: U.S.-Iran agreement may be reached this weekend. On the evening of June 3rd local time, U.S. President Trump said at the White House that negotiations between the U.S. and Iran were progressing well, and an agreement may be reached this weekend. New York Fed' Williams: Interest rates at a "just right" level, no signs of sustained inflation. New York Fed President Williams stated that he does not see prolonged inflation resulting from the U.S.-Iran war, and believes that current interest rates are at a "just right" level. Bank of Japan leaning towards a hawkish stance: Probability of a 25 basis point rate hike in June approaches 90%. According to sources, Bank of Japan officials are considering raising the benchmark interest rate by 25 basis points this month, with the possibility of further hikes later in the year. South Korea Finance Minister pledges to intervene in case of severe forex market volatility. South Korea's Finance Minister expressed that the government would take immediate intervention measures if there is severe abnormal volatility in the forex market. Supply increase + weak seasonal demand lead to iron ore prices falling to a two-month low. Iron ore prices fell to the lowest level in two months due to increased supply and weak seasonal steel demand, impacting market sentiment. Individual Stock News Broadcom Inc. (AVGO.US) exceeded Q2 expectations but disappoints, stock price drops significantly after earnings. Chip giant Broadcom Inc. delivered better-than-expected Q2 earnings, but the AI chip revenue guidance was disappointing, causing the stock to drop nearly 15% in pre-market trading. CrowdStrike (CRWD.US) fails to meet market's "high expectations": Guides not "impressive enough", stock plunges 10% after earnings. CrowdStrike's Q1 total revenue was $1.39 billion, up 26% year-over-year, which exceeded market expectations. Foxconn partners with Intel Corporation (INTC.US) to advance AI infrastructure and seize trillion-dollar AI server market. Foxconn announced a strategic partnership with Intel Corporation to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms. Uber Technologies, Inc. (UBER.US) advances "cost reduction and efficiency": HR department layoffs 23%. Uber announced a 23% reduction in its HR department, affecting dozens to hundreds of employees. Important Economic Data and Events Forecast 20:30 Beijing time: U.S. Initial Jobless Claims. 23:40 Beijing time: Speech by FOMC Committee Member Daly.