Stock futures rose after major indexes rose in volatile trading last week, although a widescale Amazon Web Services outage affected websites worldwide.
Futures associated with the tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average were up a respective 0.4%, 0.3%, and 0.2%. Last week, the three indexes all closed up roughly 2%.
Gold futures, which remain a safe haven amid market volatility and a U.S. government shutdown at 20 days and counting, jumped 2.6% to $4,325. They set their latest record high at $4,392 early Friday.
The 10-year Treasury yield, which influences borrowing costs of products like mortgages, pulled back slightly to 3.99%, near six-month lows.
Bitcoin was at $111,100, up from weekend lows around $107,000. The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, edged higher to 98.55. West Texas Intermediate crude oil futures slipped to $57.10.
Shares of Amazon (AMZN) recovered from earlier losses to tick higher in premarket trading after its cloud-computing unit AWS suffered a widespread outage overnight. Those of fellow Magnificent Seven company Apple (AAPL) rose nearly 2% after Counterpoint Research said its new iPhone 17 lineup has outsold the iPhone 16 series by 14% in its first 10 days of availability in the U.S. and China.
Shares of Tesla (TSLA), which reports quarterly results Wednesday, were up about 1%. On Friday, proxy advisor Institutional Shareholder Services recommended shareholders vote against CEO Elon Musk’s proposed $1 trillion pay package.
Cooper Cos. (COO) shares jumped 6% on a report by The Wall Street Journal that activist investor Jana Partners had built a stake. Citing people familiar with the matter, the Journal said Jana “plans to push for strategic alternatives, including a potential deal to combine its contact-lens unit with rival Bausch + Lomb.” Shares of Bausch + Lomb (BLCO) were up about 1%.
Elsewhere, Oracle (ORCL) stock, which sank nearly 7% Friday, ticked lower; shares of Boeing (BA) were up 1.5% after it received Federal Aviation Administration approval to increase 737 MAX production; and Cleveland-Cliffs (CLF) stock jumped 9% after the steelmaker said it was looking into producing rare-earth minerals.
Trump Aims To Cure High Medicine Prices, But Experts See Serious Side Effects To His Moves
35 minutes ago
The Trump administration has issued a flurry of orders aimed at lowering pharmaceutical prices, but experts are leery that the actions will achieve that goal.
The latest move in Trump’s ongoing campaign to reduce drug prices came late last month when the White House announced a deal between the government and Pfizer (PFE), the multinational company that makes COVID-19 vaccines, Viagra, and other widely used products.
Francis Chung / Politico/Bloomberg via Getty Images
Under the deal, which could serve as a model for agreements with other major manufacturers, the company will sell its products to Medicaid at prices on par with those offered to other developed countries. In addition, the company will offer medications directly to consumers at a discount on Trumprx.gov, a website scheduled to launch in 2026. In return, the company will be exempt from the punishing 100% tariffs Trump is threatening to impose on pharmaceutical imports.
The deal appears to address a longstanding complaint from Trump and U.S. consumer advocacy groups: the sticker prices for many drugs are significantly higher in the U.S. than in Europe. In some cases, drugs that cost thousands of dollars in the U.S. are available for low cost or for free to Europeans. For example, in 2021, a single injection of the arthritis drug Humira cost American patients $3,000, when a generic version was available in Germany for $10, according to reports.
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Americans Are Already Holiday Shopping. Will They Find the Deals They Hope For?
1 hr 35 min ago
Americans aren’t expected to slash their holiday budgets this year. But they may spend more time hunting for bargains—and find smaller ones than they hoped.
Consumers are expected to approach the year-end shopping season with the same thrifty ethos they’ve adopted for much of 2025 as they look to deal with tariff-fueled price increases, analysts told Investopedia. Keen-to-save shoppers have already started surveying deals well ahead of “Black Friday,” surveys show, but many are holding off on buying.
Jeenah Moon / Bloomberg via Getty Images
New National Retail Federation research shows what others have already spotted: Americans plan to shop resale markets, hunt for deals and cut back on some purchases. On average, Americans plan to spend about 1.3% less on gifts, food, decorations and other seasonal items this November and December than a year earlier, the NRF said.
“It’s certainly going to be a weirder holiday season, at least form a consumer and brand perspective,” said Andrew Waber, who studies U.S. transactions on Amazon for PMG, a marketing and digital services company. “Purchase behavior may be a little different than what you expect.”
Read the full article here.
Stock Futures Tick Higher to Begin Week
2 hr 13 min ago
Futures tied to the Dow Jones Industrial Average ticked up 0.1%.
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S&P 500 futures rose 0.2%.
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Nasdaq 100 futures were 0.3% higher.
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