U.S. equity futures are rallying after the United States and Iran announced a pause in hostilities, sending oil prices sharply lower and easing near-term inflation pressure. At 5:50 a.m. ET, S&P 500 futures were up 1.02%, Dow futures were up 1.04%, Nasdaq 100 futures were up 1.68% and Russell 2000 futures were up 1.40%. Airlines, […]
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S&P futures are up 0.1% Friday morning after Thursday’s strong cash session, when the S&P 500, Nasdaq, and Russell 2000 all set record highs and the S&P posted its best month since November 2020. The tone is quieter into month-end and a holiday-thinned global session, with most Asian markets closed or lightly traded and Europe
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Historically the Materials Sector has failed to outperform in aggregate against a backdrop of weak commodities prices like we see today.
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