U.S. equity futures edge higher early Monday despite geopolitical tensions, with the Russell 2000 leading gains at +0.48% as small caps rebound from last week’s underperformance. The Dow (+0.31%) and Nasdaq (+0.20%) show modest strength, though chipmaker weakness persists after SK Hynix’s 8% plunge on reports of U.S. restrictions on high-bandwidth memory exports to China.
Geopolitical risks dominate sentiment as conflicting reports emerge over Strait of Hormuz accessibility following U.S.-Iran strikes, keeping oil prices volatile ahead of today’s OPEC meeting. Energy sector futures lag the broader market as traders weigh potential supply disruptions against demand concerns after China’s softer-than-expected June CPI (+1.1% YoY). Meta’s 1.2% pre-market rise offsets some tech pressure after Louisiana confirmed $50 billion in data center investments bolstered by tax incentives.
India’s hotter-than-forecast June inflation (4.38% vs. 4.30% expected) and widening trade deficit amplify EM currency strains, though the dollar index holds steady before a packed Fed speaker slate. Focus centers on Fed Governor Waller’s noon ET remarks for clues on rate-cut timing, while the U.S. federal budget balance (forecast -$132.8B) could test Treasury demand after last week’s weak auction.
Earnings attention remains light with LGPS reporting pre-market and FBK post-close, but SK Hynix’s supply-chain fallout may pressure AI-exposed names. The Russell’s outperformance suggests rotation into domestically focused stocks as global risk premiums rise, though S&P 500 futures’ 0.17% gain reflects cautious positioning ahead of key central bank commentary.
US Index Futures
Future
Price
Change (%)
S&P 500 Futures
7,596.00
+0.17%
Nasdaq 100 Futures
29,750.25
+0.20%
Dow Jones Futures
52,858.00
+0.31%
Russell 2000 Futures
2,987.80
+0.48%
Economic Data Released Today
Time
Cur
Imp
Event
Actual
Forecast
Previous
06:30
INR
Med
CPI (YoY) (Jun)
4.38%
4.30%
3.93%
Upcoming Economic Releases
Time
Cur
Imp
Event
Forecast
Previous
05:25
US
Med
FOMC Member Bowman Speaks
06:00
US
Med
OPEC Meeting
12:30
US
Med
Fed Waller Speaks
12:45
EU
Med
ECB's Schnabel Speaks
14:00
GB
Med
BoE MPC Member Pill Speaks
14:00
US
Med
Federal Budget Balance (Jun)
-132.8B
-293.0B
17:00
EU
Med
ECB President Lagarde Speaks
19:01
GB
Med
BRC Retail Sales Monitor (YoY) (Jun)
2.9%
3.4%
21:30
AU
Med
NAB Business Confidence (Jun)
-14
23:00
CN
Med
Exports (YoY) (Jun)
18.2%
19.4%
23:00
CN
Med
Imports (YoY) (Jun)
24.0%
27.4%
23:00
CN
Med
Trade Balance (USD) (Jun)
121.40B
105.43B
Earnings Today
Before Market Open (BMO)
Ticker
Company
Market Cap
LGPS
LogProstyle Inc
$21M
After Market Close (AMC)
Ticker
Company
Market Cap
FBK
FB Financial Corp
$2.9B
AERO
Grupo Aeromexico SAB de CV ADR
$2.5B
FX Snapshot
Pair
Price
Change (%)
EUR/USD
1.14
+0.31%
GBP/USD
1.34
+0.12%
USD/JPY
162.09
+0.05%
USD/CHF
0.81
-0.09%
AUD/USD
0.69
+0.15%
USD/CAD
1.41
-0.28%
Gold, Oil and Gas
Commodity
Price
Change (%)
Gold
4,069.20
+0.03%
Silver
58.82
+0.47%
WTI Crude
74.02
-0.38%
Brent Oil
78.73
-0.51%
Natural Gas
2.89
-0.59%
Crypto
Crypto
Price
Change (%)
Bitcoin
$63,995.74
+0.40%
Ethereum
$1,810.44
+0.26%
Disclaimer
The content on MarketsFN.com is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading guidance. All investments involve risks, and past performance does not guarantee future results. You are solely responsible for your investment decisions and should conduct independent research and consult a qualified financial advisor before acting. MarketsFN.com and its authors are not liable for any losses or damages arising from your use of this information.
Polymarket Sentiment Tracker — July 13 — Polymarket Sentiment Tracker What does the crowd believe? Polymarket is the world's largest prediction market platform,…