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S&P 500 futures rose 0.8% as of 7:50 a.m. in New York, signaling a risk-on move in equity markets. Oil prices pared gains after hopes increased that more tankers could transit the Strait of Hormuz, reducing geopolitical risk premia for energy markets.

Analysis

S&P 500 futures rose 0.8% as of 7:50 a.m. in New York, signaling a risk-on move in equity markets. Oil prices pared gains after hopes increased that more tankers could transit the Strait of Hormuz, reducing geopolitical risk premia for energy markets.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20