Markets set for higher open

Key Points

• 1

  Yesterday's strong close supports today's open.

• 2

  Oil fell after the Hormuz proposal.

• 3

  SpaceX-linked names drew heavy interest.

• 4

  Fear readings still show fragile confidence.

Sector Performance

• TechnologyGrowth companies like semiconductors & softwareTech strength and space interest may help.↗Source
  +3.73%
• MaterialsSteel, chemicals, and raw materialsPrior strength and lower costs support mood.↗Source
  +3.27%
• IndustrialsAirlines, machinery, and defense companiesLower oil may ease operating costs.↗Source
  +3.24%
• Consumer DiscretionaryCars, retail — things people want but don't needLower oil may ease cost pressure.↗Source
  +2.48%
• Communication ServicesTelecom, media, and internet companiesBroad market mood may guide the sector.
  +1.00%
• Health CareHospitals, pharma, and medical devicesBroad market tone may lead.
  +0.81%
• FinancialsBanks, insurance, and brokerage firmsFed comments are the key factor.↗Source
  +0.75%
• UtilitiesElectric, water, and gas utility companiesFed tone may shape the move.↗Source
  +0.11%
• Real EstateReal estate investment trusts (REITs)Rate expectations remain central.↗Source
  -0.16%
• Consumer StaplesFood, household goods — everyday essentialsDefensive demand may stay muted.
  -0.26%
• EnergyOil and gas companiesLower oil weighs on energy.↗Source
  -1.94%

Today's open is likely to start higher.