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U.S. equity futures remained resilient as Amazon bolstered the tech sector with a $25 billion investment in Anthropic, while Apple initiated a leadership transition naming John Ternus as CEO. Market attention is focused on Kevin Warsh’s confirmation hearing, with investors analyzing potential implications for Federal Reserve independence. In the fixed-income market, the yield on the 10-year U.S. Treasury note has reached a technical benchmark, matching its three-year average. Additionally, the U.S. Treasury sold 20-year bonds at a high yield of 4.883%, supported by solid foreign demand. The U.S. dollar index steadied near 98.415, while shares of 3M Co. fell 2% due to weak growth figures, reflecting a market balancing domestic data against geopolitical developments.
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