Futures Hold Steady After Record Start as Markets Brace for Jobs Data
TL;DR Summary
US stock futures paused after a record-setting start, with Dow futures near flat and S&P 500 and Nasdaq futures little changed as investors weigh an emerging oil glut, a stronger dollar, and upcoming data ahead of the June jobs report. Oil markets slid (Brent below $74, WTI under $71) as Hormuz flows show signs of recovery, while a Supreme Court ruling kept Federal Reserve independence intact for now and Nike is set to report earnings.
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