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Calm Before the Fireworks: Your July 03 Equity Futures Playbook

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Calm Before the Fireworks: Your July 03 Equity Futures Playbook Market Overview & Sentiment News Tech & Retail Rally: U.S. stock futures are steady near record highs after a strong session on Wednesday. A surge in Tesla and Nike shares helped the S&P 500 and Nasdaq close at all-time highs, fueling bullish momentum heading into today. Tariff Relief Boost: A trade agreement between the United States and Vietnam eased tariff tensions, providing an overnight boost for global markets. The MSCI World and STOXX 600 indexes climbed on optimism from lower Vietnamese export tariffs. Jobs Data Caution: Equity futures are flat to slightly up ahead of Friday’s June Nonfarm Payrolls report at 8:30 AM ET. With the holiday-shortened session and early close at 1:00 PM ET, traders remain in a cautious wait-and-see mode. Chip Reprieve Rally: The U.S. lifted export curbs on chip design software to China, sparking premarket gains of over 5% in Synopsys and Cade...

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