US stock futures traded mixed on Monday, but held near record highs as investors prepared for the next batch of big bank earnings to test that rally and the chances of an economic "soft landing".earnings largely passed Wall Street's test.are building a case for no rate cut in November, some analysts argue. Retail sales data later in the week will feed into the debate as to whether the economy has held up in the face of Fed policy — the preferred soft landing.
BANGKOK — European shares opened mostly lower on Monday while Asian markets advanced, with stocks in China rising more than 2% after the finance minister said over the weekend that more stimulus is needed for the slowing economy.The Kremlin said that NATO's annual nuclear exercise involving nuclear-capable military aircraft, which began on Monday, was fuelling tensions in light of the "hot war" unfolding in Ukraine.
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