Europe futures edge higher before bell on tech momentum
Euro STOXX 50 futures were last up 0.8%, CAC futures up 0.5% and FTSE futures up 0.4%. DAX futures rose 0.6% after German state elections delivered severe losses for the Christian Democrats.
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AI trade jolted as OpenAI, Anthropic comments hit futures
U.S. stock futures pointed lower Monday after weekend comments from OpenAI and Anthropic executives revived concerns about the pace of AI development. Nvidia, Micron, Sandisk and Oracle were among the stocks cited as in focus.
U.S. stock futures mixed as investors await August PPI
Dow and S&P 500 futures edged higher while Nasdaq 100 futures slipped ahead of the August PPI report. The 10-year Treasury yield was 4.85% and the two-year yield was 4.43%; FedWatch put a 60.2% chance on a September rate hike.