Futures Erase Overnight Gains As Oil Hits One-Week High, Yen Slides
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Source: Zero Hedge
Published: 2026-08-10 22:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Asia, Europe, Military & Defence, South Korea, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Labour & Workers, Commodities, US Politics, Business & Economy, Asia Pacific, Technology
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Snippet:
US equity futures start the new week barely higher, having erased almost all of their overnight gains, yet still trading at all time highs, led by Tech with small caps starting the week in the red. As of 8:00am ET, S&P futures are fractionally in the green as traders look to the next big data print from the US this week in the form of CPI and PPI updates, as bets on September rate hikes tumbled after Friday's jobs debacle;
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