1 BMO: Following military attacks over the weekend that threatened to derail the #ceasefire & close the #StraitofHormuz, the #U.S. and #Iran have agreed to resume peace talks. #WTI #oil prices have backed off their highs, but are still up 1% from Friday to ~$70 after sliding 5% last week 🧡
#markets
2 BMO: U.S. #equityfutures pointing to solid gains at the open ( #Nasdaq 1.2%, #S&P500 0.8%) after the #Nasdaq tumbled nearly 5% last week on concerns about rising #memorychip prices + other #AI-related costs. 10-year #Treasury yields are up slightly to 4.38% after easing 8 bps last week
#markets