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U.S. stock futures were mixed on Monday, following Friday’s divergence between the Dow Jones and other benchmark indices.

On Sunday, President Donald Trump announced that starting Monday morning, the U.S. will lead an initiative to escort stranded vessels out of the Strait of Hormuz‘s restricted zones. He described the mission as a “humanitarian gesture” aimed at assisting neutral nations affected by the ongoing U.S.-Israeli conflict with Iran. This was dubbed as "Project Freedom."

Crude oil futures were higher as traders are also likely to evaluate OPEC+’s decision to raise oil output by 188,000 barrels per day, announced at its first meeting following the exit of key member the United Arab Emirates (UAE).

Meanwhile, the 10-year Treasury bond yielded 4.37%, and the two-year bond was at 3.88%. The CME Group's FedWatch tool‘s projections show markets pricing a 94.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were mixed in premarket on Monday. The SPY was down 0.11% at $719.89, while the QQQ advanced 0.069% to $674.64.

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Transcript
00:08all right futures under pressure here this monday morning they are up off the lows as you can
00:14imagine with the back and forth headlines here s p futures down 0.14 percent and looking to go
00:20through the view app as we speak dow futures down 0.37 percent and the nasdaq futures just
00:25turned back green they are up 0.05 percent now let's take a look at some cues from last session
00:34here
00:37information technology and consumer discretionary stocks closed friday's session higher although
00:42most sectors on the s p ended in a negative note with utilities energy and industrials posting the
00:48largest losses on sunday president trump announced that starting monday morning the u.s will lead an
00:53initiative to escort stranded vessels out of the strait of hormuz's restricted zones described the
01:00mission as a humanitarian gesture aimed at assisting neutral nations affected by the ongoing u.s
01:05israeli conflict with iran and the project was dubbed project freedom crude oil futures were higher as
01:13traders are also likely to evaluate opec plus's decision to raise oil output by 188 000 barrels
01:20per day announced at its first meeting uh at the first meeting following the exit of key member of
01:26the united arab emirates or uae meanwhile the 10-year treasury bond yielded 4.37 percent and the two-year
01:33bond was at 3.88 percent the cme group's fed watch tool projection so that the markets are pricing in
01:40a
01:4094.8 percent likelihood the federal reserve leaving the current interest rates unchanged during the june
01:47meeting now we've got several stocks in focus here for you today and the first one's going to be ebay
01:53and
01:53i know this is probably going to be the one on everyone's list here ebay ticker ebay rose 7.62
02:00percent
02:00and gamestop fell 0.96 percent in the pre-market on monday after gamestop released a proposal to buy
02:08ebay for 56 billion in cash and stock also said they were willing to go hostile if necessary
02:14so more on that story here in a little bit the next stock on our list is going to be
02:19nebius group
02:20and the ticker on this one is nbis it rose 3.42 percent after the company agreed to acquire eigenai
02:27to expand its ai inference capabilities and strengthen its nebius token factory platform on may 1st
02:35the next stock on our list is going to be on semiconductor and the ticker on this one is simply
02:40on it advanced 1.15 percent ahead of its earnings before the closing bell today analysts are
02:46expecting it to report earnings of 60 cents per share on revenue of 1.49 billion the next stock on
02:53our list is going to be skycore solar and the ticker is pn it soared 93.16 percent after announcing
03:01the
03:01acquisition of a remaining stake in nanjin cessnan power the last stock on our list here is going to be
03:08williams companies and the ticker on this one is wmb it was six tenths higher as analysts expected to
03:15report earnings of 62 cents per share on revenue of 3.11 billion after the closing bell today
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