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Despite an energy ceasefire by President Trum, Russia reportedly hit Ukranian power plant in Ukraine on Monday. Meanwhile in Saudi Arabia Iran backed Houthi group have been targeting infrastructure, after a missile attack on Riyadh’s international airport that killed at least 13 people. Investors consider that these attacks might result in continued pressure on oil prices. <\/p>\n
In the Asian trading hours, Brent crude futures were up 0.8 percent at $105.59 a barrel. WTI crude futures rose 0.9 percent to $92.69 a barrel. <\/p>\n
Gold prices edged lower to trade below $4,200 an ounce. The U.S. dollar held steady.<\/p>\n
Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up. <\/p>\n
As of 7.55 am ET, the Dow futures were up 51.00 points, the S&P 500 futures were adding 4.50 points and the Nasdaq 100 futures were declining 52.75 points.<\/p>\n
The U.S. major averages finished higher on Friday. The Dow advanced 423.31 points or 0.8 percent to 51,654.95, the Nasdaq climbed 172.83 points or 0.6 percent to 27,366.17 and the S&P 500 rose 46.18 points or 0.6 percent to 7,811.54.<\/p>\n
On the economic front, the Beth Hammack speaks on the outlook and monetary policy before the National Association for Business Economics 2026 Annual Meeting, ‘Global Structural Reset: AI, Demographics and Geopolitics’ at 12.50 pm ET. <\/p>\n
Asian stocks turned in a mixed performance on Monday. China’s Shanghai Composite index dropped 0.43 percent to 3,797.24. Hong Kong’s Hang Seng index edged up 0.25 percent to 24,271.20.<\/p>\n
Australian markets<\/span> rose notably. The benchmark S&P\/ASX 200 climbed 0.76 percent to 8,783.20 while the broader All Ordinaries index settled 0.67 percent higher at 8,937. <\/p>\n<\/p>\n Business News<\/p>\n<\/div>\n