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Futures Drop After Friday's Meltup, Gold Soars To New All-Time High
ZeroHedge·2025-09-22 20:34

US futures are weaker after all major indexes closed at ATHs on Friday. As of 8:10am, S&P and Nasdaq futures are down 0.3%; the S&P is now notably overbought, but that may not stop the overall uptrend according to bullish analysts, with earnings expectations rising and the market betting on almost two more rate cuts this year. Pre-market, Mag7 names are lower ex-AAPL, TSLA; NVDA is -88bp dragging Semis lower as we start the week with a slight defensive tone. Bond yields are flat with the 10Y trading at ~4.1 ...