U.S. stock futures mixed ahead of retail sales data
U.S. stock futures are mixed ahead of Friday’s retail sales, inventories and consumer-sentiment data, while traders also weigh escalating Middle East tensions and higher oil prices.
S. stock futures were mixed heading into Friday morning as Wall Street digested an impending batch of retail and consumer data against a backdrop of escalating tensions in the Middle East. The Polymarket (CRYPTO: POL) crowd is leaning bullish for the Aug. 14 trading session.
” contract currently reflects a 57% chance of a higher open. Why That Number Matters Traders are balancing domestic economic indicators against intense geopolitical frictions and yield pressures: Mixed Index Futures: Equity futures are pointing to a mixed open. 06%. 08%.
S. announced it could maintain its naval blockade of Iran “indefinitely,” with Defense Secretary Pete Hegseth noting the military’s capability to sustain this presence, Treasury Secretary Scott Bessent also warned of unprecedented economic isolation measures coming next week. In addition, two vessels from the Abu Dhabi National Oil Company were attacked while transiting the Strait of Hormuz on Thursday evening. S.
39 a barrel. m. ET. m.
ET. The Bull Case and Market Outlook Rising Treasury yields remain a significant point of concern for equities. 30% range, its correlation with the S&P 500 flips negative, acting as a valuation and liquidity constraint. 69%, stocks are in a near-term negative-correlation regime.
However, Buchbinder expects yields will eventually ease as markets gain more clarity on oil flows and production in the Persian Gulf, which could provide support for equities. Meanwhile, global oil supply is noticeably tightening. 3 million barrels per day—or around 4%—this year. How the Previous Bet Played Out: The Aug.
13 Polymarket contract resolved “Up”. The contract recorded $59,583 in total trading volume. On Thursday, the SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 and Nasdaq-100, respectively, closed higher. 07.
91 on Thursday. Read Also: Gary Black Warns Elon Musk: Tesla Can’t Match Apple's Marketing Relying Only on ‘Word-of-Mouth and the CEO’s Posts on X’ Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. Photo courtesy: Shutterstock