FactSet U.S. Daily Market Preview

StreetAccount Out Loud US Market Preview is our daily podcast aiming to bring listeners up to speed on recent Financial market news as quickly as possible. With a target time of ~5 minutes and a publish time of ~5:00 ET, this is an ideal listen prior to market open. 

US equity futures higher with S&P slightly up. Bonds mixed. US Treasury yields lower, with 10-year benchmark off 2 bps at 4.3%. Dollar is softer versus yen, but steady to firmer elsewhere. Oil adds to recent gains. Gold softer. Industrial metals mixed. Bitcoin is higher. The Iran conflict enters third week with concerns still largely on energy supply disruptions. US bombed Iran's Kharg Island, and while oil facilities spared markets sensitive to potential for disruptions from Iran's main oil export terminal, which predominantly ships to China. Strait of Hormuz situation fluid with shipping at a standstill and US looking to coordinate with other countries about resuming flows. Trump demanded other nations help secure Strait. Prospect of a ceasefire uncertain after Trump said Iran negotiating but terms not to his liking. US and Israel also see war extending few more weeks. Companies Mentioned: CAB Payments Holdings, StoneX Group, Caesars Entertainment, Meta Platforms

US equity futures are lower. Asian markets were mostly weaker overnight and European futures are also pointing lower. The central theme is escalating Middle East tensions and their inflation spillover. Oil has surged as the Strait of Hormuz remains effectively closed, with Iranian leadership vowing to maintain the blockade and President Trump stating regime change is a bigger priority than energy prices. Despite temporary measures such as a Jones Act waiver and approval of Russian oil cargoes already at sea, energy inflation fears are pushing yields higher and flattening the Fed rate-cut path, with futures now pricing less than 20 basis points of easing through year-end. Private credit remains another overhang after additional redemption limits and reduced lending activity, while new Section 301 trade investigations have revived tariff concerns ahead of Trump’s upcoming Beijing visit.Companies Mentioned: NVIDIA, SpaceX, Meta Platforms

US equity futures are sharply lower, with the S&P down around 0.4%. Asian markets fell overnight and European futures are also pointing to losses as oil prices rebound toward the 100 dollar per barrel level. The dominant theme remains escalating Middle East tensions and their inflation impact. Oil has rebounded sharply despite the IEA proposing a coordinated release of 400 million barrels from strategic reserves, as Iran threatens to block the Strait of Hormuz and US officials signal at least two more weeks of operations. Higher crude is driving yields up and flattening the Fed rate-cut path, with markets now pricing only about 30 basis points of easing through year-end, a fresh year-to-date low.Companies Mentioned: Apple, Caesars Entertainment, GLP Pte

S&P futures are slightly higher as of now. Oil price volatility and geopolitical risks in the Middle East remain key drivers of global sentiment. Asian equities advanced today, led by a +1.4% gain in Japan’s Nikkei. South Korea and Taiwan posted strong gains, driven by chipmakers and AI demand optimism. Mainland China and Hong Kong were near flat. European equity futures point to a slightly lower open. Companies Mentioned: OpenAI, Google, Microsoft, Paypay, Chevron, Shell

S&P futures are up +0.3% right now as risk sentiment improves amid hopes for de-escalation in the Iran conflict. Asian equities rallied today, supported by a sharp correction in crude prices. Japan's Nikkei advanced +2.8%, followed by Hong Kong's Hang Seng, which closed near +2% higher. South Korea and Taiwan also saw strong gains, while India posted more modest increases. European equity futures point to a strong start, with major benchmarks all up over +1%. This follows Monday’s losses, where the energy sector was the only performer in the black. Companies Mentioned: Anthropic, Disney, Apple, NVIDIA

US futures are lower, but off their low points, with S&P down ~1.5%, following lower close on Friday, ending not far from worst levels, with major indices posting sharp weekly declines. US dollar is lower against Loonie but higher elsewhere. Bonds lower. Treasury yields higher across the board. Bund up ~3bps to 2.89% while Gilts little changed at 4.57%. Brent crude higher, peaked at $116/bbl; WTI also above $100/bbl. However, both well off earlier highs. Precious metals lower. Base metals mixed. Bitcoin lower. Brent crude forwards surged 18%, WTI up more than 20% in early Monday trading with both blends trading at $110/bl, first time crude prices traded near $100 since start of Covid pandemic. Sharp increase came after Israel attacked Iranian oil facilities, other middle east oil producers said they would curtail output, and as shipments through Strait of Hormuz ground to standstill. Companies Mentioned: KKR&Co., Agilent Technologies, Hims&Her Health

S&P futures are down (0.3%) and pointing to a slightly lower open today. Asian markets traded mixed on Friday, with Hong Kong the notable outperformer. Mainland China and Japan were modestly higher, South Korea and Singapore finished flat, and Australia underperformed. Indonesia saw the sharpest losses after Fitch downgraded its credit outlook. European markets are higher but remain on track for their worst weekly performance in a year, as energy price concerns and inflation risks dominate. Companies Mentioned: Whitestone REIT, UniFirst, Inspire Brands

US equity futures lower with S&P slightly down. Bonds weaker with US Treasury yields up 3bps. Benchmark Gilt yield is flat in choppy trade. Dollar is firmer. Crude is firmer again. Gold up. Industrial metals mixed. Bitcoin gains. Markets remain focused on energy disruption headlines with articles discussing stag-flationary risks for global economy. Latest Middle East reports highlighted Iranian outreach for talks (later denied), while shifting war aims or timelines remain a source of uncertainty. Iranian attacks on Middle East energy facilities and Hormuz traffic slowdown continue to fan energy supply concerns with Reuters noting Qatar won't return to normal LNG production for at least a month.Companies Mentioned: Senior PLC, TPG Inc, Morgan Stanley

S&P futures are still lower today but well off their troughs, currently down (0.3%), as geopolitical tensions in the Middle East continue to weigh on global market sentiment. Asian markets plummeted for the third consecutive day, with the MSCI Asia-Pacific ex-Japan index down (4.2%). South Korea's Kospi crashed (12%) in panic selling. Japan’s Nikkei and Topix were both down near (4%). Greater China and Southeast Asia also saw widespread declines, with Thailand triggering a trading halt. European markets are bucking the trend with following two sessions of steep losses. Companies Mentioned: Meta, News Corp, Microsoft, OpenAI

S&P futures are sharply lower, down (1.5%), as markets react to escalating geopolitical tensions in the Middle East and spike in energy prices. Asian markets saw steep losses today. South Korea’s Kospi faced the sharpest declines amid heavy selling in technology stocks, and Japan's Nikkei fell over (3%). Greater China markets recorded milder losses but Hong Kong's tech sector also saw similar dips. European benchmarks are all down over (2%) in early trading. Energy stocks are providing some support, while technology and consumer discretionary sectors are leading the declines. Companies Mentioned: Warner Bros. Discovery, NVIDIA, Select Medical Holdings

US equity futures are under pressure with S&P down . Bonds mixed. US 10-year yield is firmer at 4%. Gilts off 1 bps at 4.3%. Dollar is mostly firmer, though off session highs in overnight trade. Oil sharply higher with WTI crude up around 7.5%. European gas prices more than 20% higher. Gold and silver gain. Industrial metals firmer. Bitcoin lower. US and Israel launched air strikes against Iran that targeted military assets, government and IRGC facilities and missile bases, killing Supreme Leader Khamanei and several high-level officials. Trump is optimistic about war's progress, mentioning offramps and claiming Iran's new leaders in talks. Media sources also note Iran's security chief has reached out for fresh nuclear talks. Iran has widened retaliation to Gulf states, resulting in airport shutdowns. Conflict has also disrupted shipping through Strait of Hormuz though oil price impact subject to multiple variables.Companies Mentioned: Paramount Skydance, Warner Bros. Discovery

US equity markets are lower, with S&P down 0.2%, following mixed performance on Thursday. Bonds firmer. US 10-year benchmark down 1 bp at 4%. Gilts 2 bps lower at 4.3%. Bund eases to 2.7%. Dollar softer versus European majors, little changed versus yen. Oil up. Gold flat. Industrial metals higher. Bitcoin weaker. UK politics likely to get some attention after Greens won the Gorton and Denton by-election in greater Manchester, with Reform coming second. Further reports highlighting the likelihood of a very lowkey fiscal update from Chancellor Reeves next Tuesday, as she seeks to end cycle of policy speculation. Update from the UK National Audit Office showed HMRC collected extra £16B from biggest firms last year via a more hands-on approach.Companies Mentioned: Warner Bros. Discovery, Partners Group Holding, CPPIB, Equinix, Alphabet, Meta

US equity futures are softer with S&P slightly down. Bonds mixed. US 10-year steady at 4%. US dollar flat, yen stronger on hawkish BOJ comments, yuan also strengthened sharply following lower fixing point this morning by the PBOC. Crude futures continued to trade in a tight range. Base metals lower, precious metals also giving up some ground. Cryptocurrencies mixed. Oil is up. Early focus is on earnings from Nvidia, which delivered widely expected beat and raise. Muted response to earnings. Flagged upside to $500B Blackwell and Rubin revenue pipeline, which street was expecting. CEO Huang struck usual bullish tone, noting compute demand rising exponentially. Meanwhile, European markets are taking influence from heavy earnings calendar.Companied Mentioned: LSI Industries, Pacific West Bancorp, Shell Plc

US equity futures are modestly higher. Asian markets were broadly stronger, while European equities are trading firmer. Markets are stabilizing after pushback against earlier AI disruption fears, with sentiment helped by the Anthropic enterprise event emphasizing partnerships rather than displacement. A major AMD compute deal with Meta and expectations for Nvidia earnings are supporting the chip and AI infrastructure theme. President Trump’s State of the Union highlighted economic achievements and outlined retirement and healthcare proposals, while striking a measured tone on tariffs and Iran. Consumer confidence improved in the latest reading, though regional manufacturing data remained soft, and Fed officials signaled inflation progress has slowed, keeping rate expectations cautious.Companies Mentioned: Microsoft, Unity Software

US equity futures are modestly higher. Asia equities closed mixed and European equity markets are trading lower. The dominant themes remain AI disruption and trade uncertainty. Software continues to be at the center of the selloff, while investors debate the potential impact of AI agents on intermediation-heavy business models. Trade policy is again in focus after President Trump shifted to alternative tariff authorities, warning of steeper measures for countries that “play games,”. Geopolitical risks are also building ahead of US-Iran talks later this week, with reports of a possible limited US strike adding to volatility in energy markets. Fed Governor Waller described a March rate decision as finely balanced pending further labor market data. Markets are also watching President Trump’s State of the Union address for potential signals on sector-specific tariffs and broader policy direction.Companies Mentioned: Nvidia, DeepSeek, FedEx, Marsh

US equity futures are pointing sharply lower to start the week, with Asian markets broadly higher and European equities trading a weaker open. Markets are reacting to Friday’s Supreme Court ruling striking down the IEEPA tariffs, followed immediately by President Trump announcing a new global tariff rate of 10%, later raised to 15% under a different authority. The move has injected fresh uncertainty into the trade landscape, with expectations that the administration will pursue additional trade investigations to restore its effective tariff rate. Questions also remain around potential tariff refunds after the court offered no clear guidance. The ruling and subsequent policy shift come against a backdrop of mixed macro data, including softer flash PMIs, hotter-than-expected core PCE, and below-consensus fourth-quarter GDP. Fed commentary leaned hawkish, with officials highlighting upside inflation risks and signaling that further tightening could return to the table if price pressures reaccelerate. Geopolitical tensions remain elevated amid discussions of a potential limited US strike on Iran, though risk assets had largely shrugged off the headlines late last week.Companies Mentioned: Netflix, TPG, KKR, Fortune Brands Innovations

US equity futures are pointing modestly higher, with Asian markets mixed and European equities trading firmer. US equities finished mostly lower on Thursday while energy stocks outperformed as crude extended gains, supported by escalating Middle East tensions and reports the US could act within days if negotiations with Iran fail. President Trump signaled a potential deal or alternative action within a ten-day window, keeping geopolitical risk in focus. Economic data surprised to the upside in labor and manufacturing, though housing remained soft, reinforcing the broader resilient macro narrative. Fed commentary highlighted firming goods inflation and debate around the pace of rate cuts, while investors also digested a heavy earnings slate and ongoing rotation beneath the surface.Companies Mentioned: Nvidia, OpenAI, Amazon, CSX Corp

US equity futures are pointing modestly higher, with Asian markets broadly stronger and European equities trading lower. US equities finished higher on Wednesday, led by strength in big tech, high-beta names and most-shorted stocks, with memory, semis and software also rebounding. Treasury yields moved higher and the dollar strengthened following hawkish-leaning FOMC minutes, though markets continue to price in two additional rate hikes. Oil rallied sharply on concerns around potential US-Iran hostilities, supporting energy shares, while precious metals also advanced. Economic data came in broadly better than expected. Attention now turns to upcoming earnings, jobless claims, trade data and potential developments on tariffs.Companies Mentioned: OpenAI, eBay, Etsy, Live Nation Entertainment

US equity futures are pointing modestly higher, with Asian markets firmer and European equities advancing. There was little change in the overarching narrative. Big tech was mixed, software resumed its pullback after a brief stabilization, and financials rebounded following recent weakness. The yield curve continued to flatten with a bearish tilt, while a firmer dollar weighed on precious metals. Corporate updates were largely underwhelming, though M&A and activist activity picked up. Fed commentary remained cautious, with officials signaling openness to rate cuts later this year but emphasizing the need for clearer evidence that inflation is returning to target.Companies Mentioned: Ovintiv, Riot Platforms, Live Nation Entertainment