Pre-Market | Dow Futures Dip Nasdaq and S&P Rise as Tech Stocks Face Pressure

3 Sep., Dow Futures down 0.04% in pre-market, Nasdaq Futures up 0.74% in pre-market, S&P Futures up 0.45% in pre-market. Japanese central bank reiterated plans to maintain interest rate hikes if economic and inflation trends align. Separately, tariff uncertainties from an upcoming US government meeting and rising long-term Treasury yields pressured US equities, particularly tech stocks, boosting safe-haven asset demand amid Fed rate cut expectations.

Alphabet's shares surged over 6% in pre-market trading, driven by a favorable antitrust ruling that spared Google from a potential breakup. The court's decision to avoid splitting the tech giant's business has bolstered investor confidence, leading to a significant rise in the company's stock price. Blackstone's shares declined by approximately 2% in pre-market trading following the announcement of a partnership with Korean haircare brand Juno. The strategic move, while potentially beneficial in the long term, has raised concerns among investors about the immediate impact on the company's financial performance. Mitsubishi UFJ Financial Group's shares dropped by around 2% in pre-market trading due to substantial unrealized losses on foreign bond holdings. The bank's report of nearly 1 trillion yen in latent losses has weighed heavily on investor sentiment, leading to a decline in the company's stock price.

Solidion Technology surged over 137% in pre-market trading, driven by its recent win of the 2025 R&D 100 Award for a breakthrough in sustainable graphite production. Meanwhile, Polestar rose nearly 109% in pre-market, boosted by higher retail sales volumes attributed to its new sales model and attractive vehicle lineup. On the other hand, STRATA Skin Sciences dropped over 19% in pre-market, following a $2.42 million securities offering that raised concerns about cash shortages and potential dilution. Chijet Motor also saw a decline, dropping nearly 19% in pre-market.

The S&P 500 Index's 2025 year-end target was raised to 6,500 points, reflecting upward market projections. Japan's central bank governor stated that if the economy and inflation align with forecasts, it will maintain its stance on interest rate hikes, potentially influencing global currency and capital flows. Escalating risk aversion sentiment drove gold futures to new highs, amid concerns over tariff uncertainties and rising long-term Treasury yields, contributing to declines in major US and European stock markets, particularly in tech stocks.