US stock futures muted
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S&P 500 futures dip
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House Speaker Mike Johnson said he plans to move ahead with a vote on Trump's tax legislation as soon as tonight despite Republican lawmakers in the House Fr
S&P 500 and Nasdaq futures are also rising before the market opens. Treasury yields are falling back. Bitcoin is extending gains from a new record high above $100,000.
Currency traders are starting to use “implied prices” that connect buyers and sellers from the cash and futures markets, in a new effort to ease fragmentation in the industry.
Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.
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The S&P 500 is now just 3% from its record high despite continued uncertainty around the impact of tariffs on the economy.
Stock futures declined before the opening bell Monday after the U.S. credit rating was downgraded by Moody's Ratings on Friday. As of 8:30 a.m. EST, S&P 500 futures had shed 65 points, or 1.1%, while Dow Jones Industrial Average futures declined 252 points or 0.
Oil futures trade sideways with the market pondering the eventual effect on supply of negotiations around Iran's nuclear program and the Russia-Ukraine war, with any agreements likely to lead to an easing of U.