Wall Street Might Open Broadly Up

(RTTNews) - Investor sentiments are rattled, after the U.S. attack on Iran's nuclear targets.

As Iran declared to close the Strait of Hormuz, the path for world's crude transportation, Oil prices lost the initial enthusiasm. U.S. has reported asked China to persuade Iran not to close the Strait of Hormuz.

Gold edged lower, while the dollar was up

The PMI Composite Flash report for June and Existing Homes Report for May might get attention on Monday.

Asian shares finished mostly lower, while European shares trading in the red.

Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up.

As of 8.25 am ET, the Dow futures were declining 25.00 points, the S&P 500 futures were gaining 2.00 points and the Nasdaq 100 futures were up 15.25 points.

On the economic front, the PMI Composite Flash for June will be issued at 9.45 am ET. The Manufacturing Index consensus is 51.0, while it was up 53.0 in the prior month. The Services Index consensus is 53.0, while it was up 53.7 in the prior month.

National Association of Realtors' Existing Home Sales for May will be released at 10.00 am ET. The consensus is 3.950 million, while it was up 4.0 million in April.

Six-month Treasury bill auction will be held at 11.30 am ET.

Fed Vice Chair Michelle Bowman will speak on monetary policy and banking before the 2025 International Journal of Central Banking Conference at 10.00 am ET.

Chicago Fed President Austan Goolsbee will participates in a moderated question-and-answer session before the Milwaukee Business Journal Mid-Year Outlook 2025 at 1.10 pm ET.

Fed Governor Adriana Kugler will give welcome remarks before a 'Fed Listens' event hosted by the Federal Reserve Bank of New York at 2.30 pm ET.

Asian stocks ended mixed on Monday. China's Shanghai Composite index rose 0.65 percent to 3,381.58 while the Hang Seng index settled 0.67 percent higher at 23,689.13.

Japanese markets ended slightly lower. The Nikkei average slid 0.13 percent to 38,354.09 and the broader Topix index closed down 0.36 percent at 2,761.18.

Australian markets fell to three-week lows. The benchmark S&P/ASX 200 dipped 0.36 percent to 8,474.90. The broader All Ordinaries index ended down 0.41 percent at 8,688.

European shares are trading lower. Among the major indexes in the region, the CAC 40 Index of France is declining 60.68 points or 0.80 percent. The German DAX is falling 118.77 points or 0.51 percent, the U.K. FTSE 100 Index is down 19.67 points or 0.22 percent.

The Swiss Market Index is sliding 11.85 points or 0.10 percent.

The Euro Stoxx 50 Index, which is a compilation of 50 blue chip stocks across the euro area, is down 0.41 percent.