- U.S. stock futures traded mixed on Monday morning as investors monitored Middle East tensions and the impending expiration of the U.S. - Iran ceasefire.
- Nasdaq 100 and S&P 500 futures rose 0.43 % and 0.11 %, respectively, while Dow Jones futures fell 0.24 %.
- Oil prices remained volatile amid U.S. threats of economic isolation against Iran, while individual stocks moved on corporate updates and upcoming retail earnings.
- US major stock indexes retreated on Monday, with the Nasdaq falling 0.3 % to 26,644.91 amid rising oil prices and bond yields following the expiration of the US-Iran ceasefire.
- Brent crude surpassed $91 and the US 10-year Treasury yield approached 4.72 %, pressuring tech valuations while driving global market declines.
- Despite the broader market downturn, artificial intelligence stocks and memory chip makers rallied, bolstered by strong sectoral metrics and institutional investments.
- Toronto stock index futures edged 0.2% higher on Thursday as investors evaluated corporate earnings and awaited U.S. PPI data to gauge future monetary policy.
- The TSX previously rose 186.22 points to a record 36,662.14, supported by positive quarterly results from companies like Stantec and CCL Industries.
- Wall Street futures also advanced 0.2% to 0.9% amid falling oil prices and upcoming inflation reports, while certain tech stocks declined following earnings updates.
- The UK Office for National Statistics reported that the country's real gross domestic product expanded by 0.4% in the second quarter.
- This economic growth was primarily driven by household consumption and fixed capital formation, matching market expectations following a 0.6% increase in the first quarter.
- The expansion occurred despite ongoing uncertainties intensified by the Middle East conflict.
- Stock index futures declined prior to the opening bell following a losing session on Monday.
- Nasdaq 100 futures fell by -1.35%, S&P 500 futures slipped by -0.56%, and Dow futures decreased by -0.21%.
- Major market averages closed lower as investors adjusted their positions ahead of upcoming market developments.