U.S. semiconductor stocks weakened ahead of the market opening, with AMD down over 3%, NVIDIA down nearly 2%, and Taiwan Semiconductor and ASML Holding down more than 1%. In news, Microsoft has abandoned some new Datacenter projects in the U.S. and Europe, and market analysis suggests that the supply of Computer clusters powered by AI is in excess.

According to the Passenger Car Association, in February, 0.043 million pickup trucks were sold in the market, a year-on-year increase of 30%.

H&M's CEO: We are still in a high inflation environment, and consumers' spending power is limited.