US equity futures hold gains as oil prices fall for fifth session

  • US equity futures held previous-session gains as corporate borrowing costs softened.
  • Oil and fuel prices fell for a fifth straight session.
  • Iran, the GCC, and the US showed signs of pursuing diplomacy over Persian Gulf oil trade.

US equity futures were little changed on Tuesday, retaining gains from the previous session as corporate borrowing costs eased and optimism grew over returns from AI agents (software that performs tasks with limited human direction). Contracts tied to the S&P 500, Dow and Nasdaq 100 were flat, while S&P 500 and Dow futures remained less than 0.5% below record highs. Stocks were broadly higher before the open as oil and fuel prices declined for a fifth straight session. Signs that Iran, the GCC (Gulf Cooperation Council), and the US could pursue diplomacy to restore some oil trade in the Persian Gulf helped trim the month’s surge in bond yields. AI hyperscalers, which have issued record amounts of corporate debt despite elevated borrowing costs, advanced, with Microsoft, Oracle and Alphabet each gaining 1%. Banks and industrial companies also rose. Chipmakers slipped after their previous session’s surge, but retained most of those gains amid positive responses to Meta’s Muse AI agent. AMD, Micron and Intel each fell 1%.

本网站上的信息是使用AI生成的,我们无法保证其准确性。 请仅作为参考信息使用。