US stock futures edge higher after record-setting session

Dow Jones··Read original
3▲1 ▼2Impact / 5
Summary · why it matters

US stock futures edged higher on Tuesday after a record-setting start to the week, with Dow futures hovering near flat after the index closed above 52,000 for the first time, while S&P 500 futures rose about 0.2% and Nasdaq 100 futures gained 0.4%. Investors assessed concerns over a potential oil glut and the dollar's strength, as oil prices continued to fall with Brent futures below $74 a barrel and WTI below $71. The dollar's rise pushed the yen to a 40-year low, prompting intervention talk, while HSBC warned the rally could become explosive if the Fed hints at tightening. Markets also awaited a JOLTS job openings report and consumer confidence data for rate-hike cues, ahead of the June jobs report on Thursday.

Impact on assets 5

Financials▲ · 1 stocks
Consumer Discretionary▲ · 1 stocks
Others± Mixed · 3 stocks