US equity futures are modestly firmer, while Asian equities are broadly higher and European equities are also modestly higher. Market sentiment remains supported by the in-line US inflation reading, which eased yields and reduced expectations for a September Fed rate hike. The AI trade is also firmer, supported by recent earnings and a positive corporate earnings outlook, while European macro data have generally surprised to the upside. Middle East developments remain a source of uncertainty, with little progress toward reviving the interim US-Iran peace agreement and traffic through the Strait of Hormuz remaining subdued.

Companies Mentioned: SHEIN, Ford Motor, AEVEX Corp

S&P futures are pointing to a slightly higher open ahead of the CPI data later today. In Asia, Japan, South Korea, and Taiwan were all higher on tech stock gains, though other regions were all lower. European markets are higher this morning.

Companies Mentioned: National CineMedia

S&P futures are flat following a quiet day in Asia. South Korea, Australia, and Taiwan all finished with modest gains. Hong Kong started strong but edged lower throughout the session, and Mainland China benchmarks were mixed. Japan was closed for a holiday. European markets opened mixed this morning.

Companies Mentioned: Riot Platforms, OpenAI, Intel, Amkor Technology

S&P 500 futures are flat. Treasury and JGB yields up one to two basis points along the curve. Crude is strengthening amid latest setback in Strait of Hormuz-reopening talks. Gold is steady while silver edging higher. Dollar is firming against majors, strongest against yen and Korean won. Bitcoin little changed. Efforts to reopen the Strait of Hormuz remain stalled following a series of hard-line demands from Iran. Although Foreign Minister Araghchi claims a deal with Oman is nearing completion, he stressed that reopening the strait depends on the U.S. paying billions in compensation, withdrawing regional forces, unfreezing assets, and lifting sanctions. The U.S. has dismissed these conditions as unacceptable, with President Trump indicating he is willing to continue the economic pressure campaign as long as gas prices remain stable.

Companies mentioned: Ashland, Trump Media & Technology Group, Paramount Skydance

S&P futures are indicating to a modestly higher open. Asian markets were mixed on Friday. Japan and South Korea struggled with continued declines in tech stocks, while China’s markets posted gains. Hong Kong inched higher as broader investor sentiment improved. European markets opened higher this morning.

Companies Mentioned: Sunoco, DoubleVerify, Meta Platforms

US equity futures are firmer, while Asian markets are mostly lower and European equities are modestly higher. Markets are being driven by a combination of earnings focus and improving geopolitical expectations, with headlines pointing toward a potential near-term agreement on the Strait of Hormuz supporting sentiment and easing energy concerns. At the same time, volatility in the semiconductor sector continues to weigh on Asia, while investors remain focused on corporate results and the broader AI trade following recent swings.

Companies Mentioned: Meta, Medicover, KKR, JPMorgan

S&P futures are pointing to a higher open, extending recent momentum. Asian markets rallied across the board today. Tech names saw strong gains in Japan, South Korea, and Taiwan. Mainland China, Hong Kong, and Australia recorded relatively modest gains. European markets are also higher this morning.

Companies Mentioned: Walt Disney, Gran Tierra Energy, SK Hynix

S&P futures are trending higher following a strong Asia session. Japan pared earlier losses to close in the green. South Korea posted solid gains with the KOSDAQ up +6%. Mainland China gained momentum late in the session on policy support rumors, but Hong Kong underperformed. European markets are also broadly higher this morning.

US equity futures are trading higher, with the S&P up around 0.6%. Bonds are firmer, with the US 10-year yield down 2 bps at 4.7% and the Bund down 5 bps at 3.2%. The dollar is mixed, firmer against the euro, sterling, and the Aussie, but under pressure versus the yen following FX intervention. In commodities, oil is notably weaker, with WTI crude down 6.5% below $80 a barrel, while gold is trading firmer and industrial metals are mostly lower. Bitcoin is also lower. Market sentiment is benefiting from news that President Trump called off planned strikes against Iran to allow room for negotiations over Strait of Hormuz. Trump said talks would begin Monday and posted parameters of deal have been agreed to. Iran echoed by noting an agreement on Strait of Hormuz close.

Companied mentioned: AstraZeneca, BMS, Shell Plc, Blackstone

US equity futures are higher, while Asian markets are broadly higher and European equities are firmer and trading near record highs. Oil is lower with WTI crude down 2% near 82 dollars level. Markets are supported by a renewed bid in the AI trade following recent volatility, with improved sentiment driven by better takeaways from major US tech earnings, particularly in cloud and AI demand. At the same time, easing rate pressures and a pullback in oil prices are helping risk appetite, while central bank signals remain mixed. Market looking through Middle East developments despite more military strikes. Elsewhere, Trump announced that deal has reached for Hamas to disarm and Israel to withdraw forces in structured phases.

Companies Mentioned: TSMC, Intel, Tesla, HSBC