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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
With geopolitical tensions between Washington and Tehran easing, Nasdaq 100 futures saw a sharp rise on Monday. According to reports, the futures surged 320 points as investors welcomed signs of de-escalation between the two countries. The reports noted that oil-risk fears subsided due to the calming situation, but sticky inflation and rising AI costs continue to weigh on trader sentiment.
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Sign InThis rally follows Apple (AAPL) closing at $283.78 on June 26, with a trading range of $274.21 to $285.95. Meanwhile, other major tech stocks such as Google (GOOGL) closed at $283.78, Meta (META) at $550.25, and Microsoft (MSFT) at $372.97, according to market data. Analysts believe the improved geopolitical mood could support growth stocks in the near term, though persistent inflation pressures limit optimism.
At the last close on June 26, Apple stock stood at $283.78, with a high of $285.95 and a low of $274.21. Traders are now focused on upcoming inflation data and speeches by Federal Reserve officials, which could determine the path of interest rates and impact the tech sector. While the futures move signals short-term bullish momentum, caution remains amid residual geopolitical risks.