The U.S. economic calendar for Monday is quiet, and investors might be looking for geopolitical and tariff related cues.
Asian shares finished mostly lower, while European shares are trading broadly up.
Initial trends on the U.S. Futures Index suggest that Wall Street might open mostly lower.
As of 8.10 am ET, the Dow futures were up 27.00 points, the S&P 500 futures were declining 11.00 points and the Nasdaq 100 futures were down 68.75 points.
The U.S. major averages were positive at the close on Thursday. The Nasdaq jumped 207.97 points or 1.0 percent to 20,601.10, the S&P 500 advanced 51.93 points or 0.8 percent to 6,279.35 and the Dow climbed 344.11 points or 0.7 percent to 44,828.53.
On the economic front, the three month and six-month Treasury bill auction will be held at 11.30 am ET.
Asian markets were mostly lower at close on Monday. China’s Shanghai Composite Index edged up 0.02 percent to finish at 3,473.13. The Hang Seng Index slipped 64 points or 0.27 percent to attain 23,852.00.
The Japanese benchmark Nikkei 225 fell 224 points or 0.56 percent to close at 39,587.00.
Australia’s S&P/ASX200 closed trading at 8,589.30, losing 0.16 percent from the previous close.
European shares are trading higher. CAC 40 of France is adding 21.46 points or 0.28 percent. DAX of Germany is gaining 205.94 points or 0.87 percent. FTSE 100 of England is declining 2.43 points or 0.03 percent. The Swiss Market Index is sliding 0.69 points or 0.01 percent.
Euro Stoxx 50 that provides a Blue-chip representation of supersector leaders in the Eurozone, is up 0.68 percent.
Business News
Wall Street Poised To Open Broadly Lower
2025-07-07 12:34:09
