The U.S. stock futures hinged up in Monday's trading amidst a release of positive corporate earnings reports, particularly from key technology companies and oil prices hit a seven-month high.S&P 500 futures strengthened 0.47%, Nasdaq was also up by 0.9% while Dow Jones Industrial Average futures were up 0.2%. Hertz Global
Holdings Inc. placed an order for 100,000 Teslas, the single-biggest order for the electric-car maker’s vehicles, thereby endorsing the industry leadership of the automaker. Tesla topped a $1 trillion market capitalization for the first time, becoming the sixth U.S. company to reach the milestone. Other companies that have surpassed the mark include Apple Inc. and Microsoft Corp.
In commodities, West Texas Intermediate crude oil finished unchanged at $83.76 a barrel after earlier climbing above $85 for the first time in seven years. Gold, meanwhile, edged up to $10.50 to $1,806 an ounce.
European bourses volatilised with France’s CAC 30 slipping 0.31% while Germany’s DAX 30 and Britain’s FTSE 100 advanced 0.36% and 0.25%, respectively.
In Asia, Japan’s Nikkei 225 slid 0.71%, Hong Kong’s Hang Seng index inched up 0.02% and China’s Shanghai Composite gained 0.76%.