Hey team. U.S. futures rose as dip-buyers moved in following a pullback in the US benchmark of more than 1% on Friday.
Let’s see what’s ahead for this market.
Macro Viewpoint
U.S. stock index futures inched up on Monday, buoyed by a dip in oil prices that offered some relief to investors, even as tensions between Iran and Israel continued.
Markets started the day cautiously, with a clear risk-off mood as traders weighed the potential fallout from the conflict. But as the session progressed, confidence picked up, with many investors betting that the hostilities would remain contained and not escalate further.
The flare-up between Israel and Iran on Friday threw a wrench into the rally that had pushed the S&P 500 close to record highs, snapping the rebound from April’s earlier losses driven by tariff concerns.
All eyes this week will be on Fed Chair Jerome Powell, whose remarks—alongside the central bank’s fresh projections on interest rates and the broader economy.
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