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Wall Street to Open Positive
Aug 4 2025 6:03PM
Early trends on the U.S. Futures Index suggest that Wall Street might open positive on Monday. Earnings might be the highlights this week.
Economic calendar is relatively quiet this week, meanwhile, reports on factory orders and service sector activity might be interest to investors.
In the Asian trading session, the dollar index steadied, while gold was marginally lower below $3,360 per ounce. Oil edged up slightly after OPEC+ confirmation for higher production.

Asian shares finished mostly up, while European shares are trading broadly higher.

As of 7.52 am ET, the Dow futures were gaining 203.00 points, the S&P 500 futures were adding 36.00 points and the Nasdaq 100 futures were progressing 180.00 points.

The U.S. major averages ended Friday firmly negative. The Nasdaq plunged 472.32 points or 2.2 percent to 47,231.61, the S&P 500 tumbled 101.38 points or 1.6 percent to 6,238.01 and the Dow slumped 542.40 points or 1.2 percent to 43,588.58.

On the economic front, the Factory Orders for June will be issued at 10.0o am ET. The consensus is for a decline of 5.0 percent, while it was up 8.2 percent in the prior month.

Three month Treasury Bill auction will be held at 11.30 am ET.

Six-month Treasury Bill auction will be held at 11.30 am ET.

Asian stocks ended mixed on Monday. Chinese and Hong Kong markets recovered. China's Shanghai Composite index rose 0.66 percent to 3,583.31 while Hong Kong's Hang Seng index climbed 0.92 percent to close at 24,733.45.

Japanese markets were lower. The Nikkei average fell 1.25 percent to 40,290.70. The broader Topix index dipped 1.10 percent to 2,916.20.

Australian markets ended marginally higher

European shares are trading mostly higher. Among the major indexes in the region, the CAC 40 Index of France is adding 62.17 points or 0.82 percent. The German DAX is progressing 292.66 points or 1.25 percent, the U.K. FTSE 100 Index is down 72.92 points or 0.62 percent.

The Swiss Market Index is gaining 0.34 points or 0.01 percent.

The Euro Stoxx 50 Index, which is a compilation of 50 blue chip stocks across the euro area, is down 0.59 percent.