U.S. stock futures inch higher following Trump-Putin summit
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Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell's speech on Friday.
Stock futures were drifting higher as investors prepared for another week of slow August trading and for a White House visit by Ukraine President Volodymyr Zelensky.
U.S. stock market futures leaned lower on Monday, as investors awaited the result from the visit of European leaders to the White House, as a pivotal Federal Reserve policy address loomed. Dow Jones Industrial Average futures fell 28 points,
Global markets mostly rose and U.S. futures were up on continued hopes the Federal Reserve would cut rates next month.
On Aug. 11, 2025, Dow, S&P 500, and Nasdaq futures edge higher as investors eye record highs and key inflation data this week.
Futures tracking Canada's main stock index dipped on Monday as investors reined in big bets ahead of a busy week featuring Ukraine peace talks, a key U.S. central bank conference and domestic inflation data.
Speculators have turned record-bearish on WTI crude, with net positions falling to their weakest since 2009 and the first-ever combined net short across CME and ICE contracts.
The consumer price index for July will come out on Tuesday, and Wall Street expects a 0.2% monthly overall increase and a 0.3% uptick in the core CPI.
Physical oil traders are increasingly turning to futures contracts that deliver supplies to the export hub of Houston, taking advantage of the US’s rising importance in global crude markets.
US stocks cool off after Nasdaq’s sharp run. Key support at 23,421.75 could be tested soon. Traders eye Powell, Nvidia, and sector rebalancing.