U.S. stock futures edged lower Monday as investors turned cautious ahead of a looming trade deadline set by President Donald Trump. With the July deadline for negotiations approaching, traders are bracing for potential policy shifts that could impact global markets.
Tesla (NASDAQ: TSLA) dropped 6.8% in premarket trading after CEO Elon Musk announced plans to form a new political party, fueling concerns that his political ambitions could distract from Tesla’s operations.
Apple (NASDAQ: AAPL) slipped 0.5% after the tech giant moved to challenge a €500 million ($587 million) fine from European regulators in court. The penalty stems from alleged violations of landmark EU antitrust laws targeting Big Tech dominance.
Stellantis (NYSE: STLA) shares fell 4.5% following news that the U.S. National Highway Traffic Safety Administration launched a probe into 1.2 million Ram trucks over transmission issues.
Shell (NYSE: SHEL) ADRs declined 3.1% after issuing a weaker-than-expected Q2 trading update, citing lower downstream earnings and soft trading performance.
MGM Resorts (NYSE: MGM) dropped 1.8% after Goldman Sachs initiated coverage with a “sell” rating, citing concerns over market volatility in Las Vegas.
Geo Group (NYSE: GEO) surged 7.5%, and CoreCivic (NYSE: CXW) rose 2.7% after Trump’s tax-and-spending bill passed, significantly boosting immigrant detention funding—a key revenue source for both private prison operators.
CrowdStrike (NASDAQ: CRWD) slipped 1.6% as Piper Sandler downgraded the stock to “neutral,” citing limited upside at current valuations.
Chubb (NYSE: CB) also dipped 1% after Barclays lowered its rating to “equal weight,” noting constrained growth prospects.
Investors continue to monitor macroeconomic developments and corporate moves as markets enter a pivotal week.


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Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification
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Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data
European Stocks Rise as Markets Await Key U.S. Inflation Data
IMF Deputy Dan Katz Visits China as Key Economic Review Nears
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 



