DailyEdge

US stock futures took a breather on Tuesday after a record-setting start to the week, as investors assessed concerns around a potential oil glut and the dollar's growing strength.

US stock futures climbed on Monday following reports that the US and Iran have agreed to stop tit-for-tat attacks that broke out over the weekend, enabling peace talks to continue.

Stock futures were lower early Friday as a sell-off in tech gathered pace amid mounting concerns over the rising cost of artificial intelligence infrastructure.

Micron soared in premarket trading on Thursday after the memory maker reported blockbuster third-quarter earnings as the AI boom causes demand for memory to surge.

US stock futures steadied on Wednesday after a second bruising day for techs, with Wall Street looking to Micron's earnings later for a health check on AI demand.

US stock futures hit pause on Monday as investors assessed signs of progress in US-Iran peace talks and prepared for a pivotal inflation report later this week.

US stock futures jumped on Thursday, with techs pacing gains as investors digested the signing of the interim US-Iran peace deal and the latest Federal Reserve decision on interest rates.

Kevin Warsh will preside over his first interest rate-setting meeting as Federal Reserve chair on Wednesday, when the central bank is expected to hold rates steady.

Shares of Elon Musk's SpaceX rose more than 10% in premarket trading on Tuesday

The US announced on Sunday that it reached a deal with Iran to end hostilities in the four-month-long war that has roiled the global market, calling for the reopening of the Strait of Hormuz as soon as Friday.