Stock futures edged slightly higher Monday night after a rip-roaring trading session that sent the Dow Jones to a record closing high. Amazon surpassed $3 trillion in market capitalization for the first time, while Nvidia, Meta Platforms, Alphabet and Microsoft all posted sharp gains. Oil prices dropped 5.1%, with WTI crude settling at $80.34 per barrel, after President Donald Trump walked back plans for additional strikes on Iran. Asia-Pacific markets opened higher Tuesday, with the Kospi up 1.46% and the Kosdaq climbing 3%. Investors will focus this week on earnings from Caterpillar, McDonald’s and AMD, alongside June factory orders data.
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