Latest Oil Market Prices, News and Analysis for June 24
Key Points:
- Stock markets showed signs of stabilization following a selloff in leading technology stocks, with attention on Micron Technology Inc.'s earnings as a key indicator for the AI-driven rally this year.
- Nasdaq 100 futures increased by 0.4% after the index dropped over 3% due to concerns about overvalued stocks in the previous session.
- S&P 500 futures edged up 0.1%, reflecting cautious optimism among investors.
- South Korea’s Kospi index rebounded 3.3%, aiding in limiting losses across Asian markets.
- European shares, represented by the Stoxx 600, remained mostly unchanged amid mixed investor sentiment.