
Nasdaq 100: Tech Stocks Lead Monday's Pre-Market Bid Ahead of CPI
Nasdaq leads the pre-market bid after weak payrolls cut Fed hike odds, but CPI and rising oil will decide whether tech stocks hold.
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Nasdaq leads the pre-market bid after weak payrolls cut Fed hike odds, but CPI and rising oil will decide whether tech stocks hold.

Iran says a deal with Oman around transit through the Strait of Hormuz is close, but ties the reopening of the waterway to conditions including U.S. compensation and an end to sanctions. CNBC's Dan Murphy has the latest from the region.

High gasoline prices are giving a boost to China's electric-vehicle exports.

Shares in The Italian Sea Group jumped 10% on Monday after the troubled luxury yacht maker said it had launched a competitive process to identify potential investors as part of its restructuring efforts.

Iran raises the price for reopening the Strait of Hormuz, demanding U.S. reparations under June's memorandum of understanding. Yemen's Houthi rebels hit a Saudi oil refinery just days after Riyadh signs a mutual regional defence pact with Turkey and Pakistan.

Flock Safety's automated license plate-reading cameras, used by thousands of law enforcement agencies in the U.S., have drawn intense criticism from civil liberties groups.

As data centers gobble up memory chips, other industries that need the components, including electronics companies like Apple and medical device makers, are asking for government help.

U.S. imports of containerized goods in July hit the fourth-highest level for the month, as shippers rushed in goods ahead of unknown U.S. tariff changes, supply chain technology provider Descartes Systems Group said on Monday.

JPMorgan lifted its year-end price target for the S&P 500 from 7,800 to 8,000.

Futures tick up, with oil also higher

The 10-year Treasury yield is at the high end of the range it has been trading in for most of the last 4 years. Shorter maturities have been more volatile, trading in a wider range, but are also still in the range they've been in for the last 4 years.

Corvus Pharmaceuticals maintains a "Strong Buy" rating, driven by advancing soquelitinib in relapsed/refractory PTCL and moderate-to-severe atopic dermatitis [AD]. Company anticipates a pivotal interim futility analysis for its phase 3 PTCL trial in Q1 2027, representing a major inflection point. Positive phase 1 AD data and the initiation of the phase 2 SIERRA1 study, with topline results expected in Q3 2027, reinforce the pipeline's potential.

U.S. Treasury yields inched lower at the start of the week as investors look ahead to a busy week of economic data, particularly key inflation data.

Sunrise Energy Metals shares surge 29% after $400 million U.S. investment. The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China's critical-minerals dominance.

The infiltration of Hugging Face by OpenAI's agents has put AI-enabled cyber attacks into the spotlight. The incident and similar breaches reported by Anthropic PBC and Meta Platforms Inc. have fueled calls in Washington and Silicon Valley for more thorough safety reviews of artificial intelligence models.