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Stock market today: US futures nudge higher as new quarter kicks off

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US Stock Futures Nyheter

Political Turmoil,Labor Market

Political turmoil in France gripped investors weighing whether stocks can build on their stellar first-half performance.

US stock futures edged into the green on Monday, starting the quarter on the front foot as political turmoil in France gripped investors counting down to the July 4 break and the key US jobs report. Futures on the Dow Jones Industrial Average and the S&P 500 both nudged up roughly 0.2% Contracts on the tech-heavy Nasdaq 100 were about 0.1% higher. Stocks are tiptoeing into the green to kick off a trading week cut short by the Independence Day holiday.

In the meantime, the prospect of political gridlock in France is engaging investors after the first round of voting in national elections. French stocks rebounded from a rout, jumping as much as 2.8% as relief set in after Marine Le Pen's far-right party won by a smaller margin than exit polls indicated. US political risks also started to emerge, amid questions about whether President Joe Biden will be forced to step down as a candidate after a poor debate showing.

 

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