US stock index futures rose at the start of a week marked by American inflation data releases and earnings from artificial intelligence-linked companies. Dow Jones futures gained 0.63 percent, while S&P 500 futures rose 0.22 percent.
Oil prices fell after President Donald Trump said it was highly unlikely he would order new attacks on Iran while negotiations to end the conflict advanced. WTI crude dropped 1.43 percent to 89.53 US dollars a barrel, and Brent fell 1.98 percent to 96.37 US dollars, by our market data as of 09:07 GMT.
Europe and Asia mixed
European shares edged higher, with the STOXX 600 up 0.27 percent and Germany’s DAX gaining 0.32 percent. The FTSE 100 rose 0.27 percent, the CAC 40 added 0.06 percent and Italy’s FTSE MIB climbed 0.81 percent.
In Asia, the Nikkei jumped 2.33 percent, while the Hang Seng Index slipped 0.13 percent and India’s Nifty 50 fell 0.23 percent. Shanghai SE rose 0.32 percent.
Iron ore and China’s prices
Iron ore fell in China after steelmakers in key production hubs imposed restrictions to protect air quality. Dalian iron ore futures lost 0.29 percent, trading at 687.5 yuan a tonne, or 102.97 US dollars.
China’s producer price index rose 5.7 percent in October, the highest in more than four years. Consumer prices rose 0.7 percent, below expectations.
Nvidia under scrutiny
Nvidia was in focus after a Sunday report investigated a relationship between co-founder and chief executive Jensen Huang and a businesswoman that US intelligence agencies identified as an alleged Chinese spy. Nvidia shares on Hyperliquid were down 2 percent over the last 24 hours.
