Wall St futures tick up after record highs; Iran’s Hormuz proposal in focus
Wall Street futures rose on Monday evening after benchmark indexes reached record closes, with S&P 500 Futures inching 0.2% higher to 7,217.0 points. Investor focus is on a packed earnings calendar this week, with results due from major technology companies including Microsoft, Apple, and Amazon.
Wall Street futures edged higher on Monday evening after benchmark indexes notched fresh record closes. S&P 500 Futures inched 0.2% higher to 7,217.0 points, while Nasdaq 100 Futures gained 0.2% to 27,487.75 points. The cautious optimism came as U.S. President Donald Trump discussed a new Iranian proposal to reopen the Strait of Hormuz. Oil prices remained elevated near multi-week highs, underpinning inflation concerns and limiting broader risk appetite. Investor focus is now on a packed earnings calendar this week, with results due from major technology companies. More than a third of S&P 500 companies are scheduled to report this week, with analysts expecting another quarter of solid profit growth.
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