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Wall St futures muted amid fading Hormuz deal hopes; CPI awaited Investing.comOil Extends Gains as Hormuz Deal Remains Elusive: Markets Wrap Bloomberg.comU.S. Futures Mostly Lower, Oil Price Rises on Middle East Tension WSJIran negotiations, Berkshire's stock purchases, Shein's tariff troubles and more in Morning Squawk CNBC
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Some investors are worried that this AI-powered bull market might be getting a little long in the tooth as it approaches its fourth birthday.
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For years, the S&P 500's earnings engine had only one driver: the Magnificent Seven. This quarter, the rest of the market has started pulling its weight.
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Most Asian stock markets dropped again Friday, following a fall in U.S. equities the day before, with the impact of trade tensions between the American and Chinese governments worrying investors. Japan's Nikkei 225 fell 0.7% despite better-than-expected Japanese manufacturing data. China's Shanghai Composite Index dropped 0.2%.
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