China Agrees to Buy 20 Million Tons of U.S. Coal 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
China Consumer Stocks Near Decade Lows as AI Shares Surge 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Trump to Ease U.S. Fuel-Economy Standards 
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U.S. Futures Gain as Middle East Tensions Subside, Tech Earnings Awaited
U.S. stock index futures edged higher on Sunday night as concerns over a significant Middle East conflict eased. Israel's weekend retaliatory strike avoided targeting Iran's nuclear and oil facilities, reducing fears of a severe escalation.
This week, attention turns to major technology earnings and key economic data to provide insights into corporate health and the broader economy.
Futures Rise Amid Calm in the Middle East
By 19:14 ET (23:14 GMT) on Sunday, S&P 500 Futures climbed 0.4% to 5,871.25 points, Nasdaq 100 Futures increased by 0.5% to 20,597.75, and Dow Jones Futures rose 0.4% to 42,468.0 points. Oil prices dropped early Monday, reflecting easing Middle East concerns and improving market sentiment.
While Iran indicated minimal damage from the weekend’s attack, it warned of potential retaliation, leaving geopolitical risks still on the radar.
Tech Earnings to Drive Market Moves
U.S. stocks were mixed last week, with the Nasdaq hitting a record intraday high as traders shifted focus to technology stocks. The upcoming earnings reports from five of the "Magnificent Seven" tech firms—Alphabet, Meta, Microsoft, Apple, and Amazon—are expected to significantly impact market direction.
These companies account for a substantial portion of market valuations, and their performance will serve as a bellwether for the broader market, especially given the heavy investments in artificial intelligence.
Key Economic Data in Focus
In addition to corporate earnings, investors will closely monitor U.S. house price data, third-quarter GDP, and the PCE price index—the Federal Reserve's favored inflation metric.
With the 2024 presidential election looming next week, markets may experience heightened volatility.
