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Hugh Leask notes mixed U.S. stock futures as investors await Federal Reserve meeting minutes

U.S. stock futures showed mixed results early Monday, with the Dow Jones Industrial Average sliding 59 points while the S&P 500 and Nasdaq 100 futures saw modest gains. Market analysts noted that investors are increasingly comfortable with the current economic backdrop, despite ongoing hostilities in the Middle East and concerns regarding the artificial intelligence trade. Mark Hackett, chief market strategist at Nationwide, observed that the bulls are becoming more emboldened as they pass more tests. The market is currently awaiting key catalysts, such as the Federal Reserve's latest meeting minutes and upcoming retail earnings from companies like Walmart, Home Depot, and Lowe's. On the economic front, investors are monitoring Treasury yields and the U.S. dollar, which fell slightly. The Japanese yen is also under scrutiny as the market looks toward the Bank of Japan's upcoming September meeting. Meanwhile, oil prices rose as geopolitical risks persist, with President Trump calling for Americans to tolerate slightly higher gasoline prices during the ongoing conflict.

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