In the equity quadrant, June Nasdaq-100 futures demonstrated significant strength, hitting new all-time highs for the fourth time this month. The contract traded as high as 27,050, up 1.56% on the day, supported by an indefinite extension of the U.S.-Iran ceasefire. This geopolitical development eased inflation concerns linked to oil prices, providing an early bid for the tech-heavy index. However, the market's focus has quickly shifted to key corporate earnings. With Tesla and Texas Instruments reporting, these results will offer crucial insights into consumer and industrial chip demand, potentially setting the tone for Nasdaq-100 futures in the coming sessions.
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