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.

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.

SpaceX is scheduled to begin trading on Friday after completing what is being described as the largest IPO in history.