NextFin News - U.S. equity futures were higher ahead of the open, led by growth and technology shares, while oil rebounded as Middle East headlines remained a key driver of cross-asset sentiment. The Nasdaq 100 futures led the advance, with European trading mixed and the U.S. dollar softer.
Pre-Market Performance
- Nasdaq 100 futures: 29,865.5, up 306.8 points, or +1.04%.
- S&P 500 futures: 7,540.0, up 49.0 points, or +0.65%.
- Dow Jones futures: 50,943, up 281 points, or +0.55%.
European markets were mixed: the FTSE 100 rose 50.21 points, or +0.48%, to 10,516.47; France’s CAC 40 fell 64.89 points, or -0.79%, to 8,193.37; and Germany’s DAX declined 124.11 points, or -0.49%, to 25,264.99.
In commodities and FX, Brent crude traded near $95.24 a barrel (+~2.0%), WTI crude around $91.77 (+~2.1%), and gold futures were up about 0.2% at roughly $4,532.30 per troy ounce. The U.S. Dollar Index slipped about 0.2% to 99.073 as traders balanced geopolitical risk with firmer equity futures.
Hot News
- Oil rebounds as Middle East risk stays in focus. Crude prices rose after reports of renewed U.S. strikes in the Middle East, reducing optimism around a potential U.S.-Iran peace framework and reintroducing a geopolitical premium into energy markets. Reuters via Investing.com
- Growth appetite supports U.S. futures. Nasdaq-linked futures outperformed, signaling a stronger pre-market bid for growth and higher-beta names per Benzinga’s pre-market dashboard. Benzinga
- European equities diverge. The FTSE outperformed while the CAC 40 and DAX traded lower, indicating selective regional moves rather than broad-based buying across European markets.
- Dollar softens as gold holds firm. The DXY moved below 100 while gold and crude held gains, highlighting continued demand for hedges alongside equity strength. MarketScreener
U.S. Stock Focus
- AutoZone — Q3 earnings beat on EPS, revenue slightly below consensus. Reported fiscal third-quarter EPS of $38.07, above consensus, on revenue of $4.84 billion, slightly below expectations. Net sales rose 8.4% year over year; constant-currency total company same-store sales increased 3.9% and domestic same-store sales rose 4.1%. MarketScreener
- CSW Industrials — record quarterly revenue and adjusted EPS beat. Reported fiscal fourth-quarter revenue of $309.0 million (+34.0% y/y) and adjusted EPS of $3.14 (+21.1% y/y), reflecting acquisitions and organic growth. MarketScreener
- AST SpaceMobile — space-sector momentum lifts shares. Shares rose about 7.07% to $113.34 in pre-market trading amid renewed investor interest in satellite broadband and talk of a potential SpaceX IPO. Benzinga
- Akari Therapeutics — stock pulls back after last week’s surge. Fell about 22.71% to $14.12 in pre-market trading following a sharp rally tied to preclinical oncology data; the pullback followed a reported 255% surge. Benzinga
- WeRide — Renault autonomous shuttle deployment draws attention. Shares traded about 2.32% higher at $7.51 after expanding an autonomous Robobus service at Roland-Garros on a 2.8-kilometer route operating from May 24 through June 7. Benzinga
- Freightos — Q1 loss narrows versus expectations, revenue misses. Reported a quarterly loss of $0.05 per share versus an expected loss of $0.08, with revenue of $7.16 million vs. an estimate of $7.45 million. Operational metrics included 425,000 transactions and gross booking value of $343 million. Benzinga
- G. Willi-Food International — morning earnings release posts profit and revenue. Reported EPS of $0.46 and revenue of $49.57 million among the early pre-market earnings names. Benzinga
- Zscaler — Q3 results due after the close. Scheduled to release fiscal third-quarter results after the market close with an investor call at 4:30 p.m. ET; prior quarter showed revenue growth of 26% y/y to $815.8 million and ARR growth of 25% to $3.359 billion. Zscaler
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