Pre-Market | Futures Rise Amid Fed Cuts and Geopolitical Tensions, Alphabet Surges on Antitrust Win, Solidion Technology Skyrockets on R&D Award

3 Sep., DOW FUTURES up 0.00% in pre-market, NASDAQ FUTURES up 0.67% in pre-market, S&P FUTURES up 0.41% in pre-market. Fed rate cut expectations and heightened geopolitical tensions fuel safe-haven demand; U.S. equities face pressure from tariff uncertainties with an emergency White House meeting scheduled Wednesday, and surging long-term Treasury yields amid oversupplied debt markets amplify market volatility.

Alphabet's shares surged over 6% in pre-market trading, driven by a favorable antitrust ruling that allowed Google to keep its Chrome browser and avoid a potential breakup. The decision eased regulatory concerns and provided a significant boost to the company's stock. Sumitomo Mitsui Financial Group and Mitsubishi UFJ both saw declines in pre-market trading, with Sumitomo Mitsui Financial Group dropping over 2.5% and Mitsubishi UFJ falling over 2.3%. The declines were attributed to broad banking sector weakness in Japan and disappointing quarterly earnings performance, respectively.

In pre-market trading, Solidion Technology surged over 142%, driven by its win of the 2025 R&D 100 Award for a breakthrough in sustainable graphite production. Polestar also saw a significant rise, up nearly 92%, as increased vehicle sales attracted substantial investor interest. Meanwhile, Wave Life Sciences and SmartKem both experienced declines, with Wave Life Sciences dropping around 19.5% and SmartKem falling nearly 19.3%.

HSBC raised the S&P 500's 2025 year-end target from 6400 to 6500 points. Apple expects to launch Vision Air by 2027, featuring reduced weight and lower pricing. Bank of Japan Governor affirmed no change to rate hike plans if economic and price trends develop as expected. Heightened risk aversion spurred gold to record highs and triggered declines in U.S. stocks amid tariff uncertainties and rising Treasury yields.