U.S. technology stock futures advanced before Wall Street opened, supported by strong quarterly results from SpaceX. SpaceX shares rose 8.86% after the close, while Tesla gained 1.42%. European markets were higher, with the Stoxx 600 up 0.54% and London’s FTSE 100 up 0.03%, while Asian markets posted mixed performance. Brent crude traded at $110 per barrel and Bitcoin at $83,346, as Wells Fargo’s sentiment indicator entered “buy” territory, after which the S&P 500 historically rose 6.5% on average over the following three months. Projected third-quarter earnings for S&P 500 companies total $180 billion, with $116 billion coming from the seven largest technology companies.
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