US stock futures indices rose slightly, and the market is concerned about the Strait of Hormuz agreement and inflation data

Comparative news, according to BIT (Bit.com) market data, US stock index futures rose slightly on Monday. Investors are concerned about the progress of negotiations between the US and Iran over the reopening of the Strait of Hormuz, as well as the inflation data to be released this week.

As of press time, S&P 500 futures were up about 0.1%, Nasdaq 100 futures were up 0.2%, and Dow Jones Industrial Average futures were down about 71 points, or 0.1%.

Iran said it is close to reaching an agreement with Oman to reopen the Strait of Hormuz, but Tehran still refuses to resume direct negotiations with the US until the relevant conditions are met. Last week, US Treasury Secretary Bessent said an agreement might be reached soon, but Trump later said that the US is currently only in a semi-negotiation state and hopes to continue putting economic pressure on Iran.

The market is also watching the US Consumer Price Index (CPI) and Producer Price Index (PPI) data released this week to determine the future interest rate path of the Federal Reserve.

The July non-farm payrolls data released earlier unexpectedly contracted, driving the market to lower expectations for the Federal Reserve's interest rate hike. According to CME FedWatch data, traders currently expect the probability that the Fed will raise interest rates in September to be about 44%, down from 67% a week ago.

The three major US stock indices all recorded their best weekly performance since April last week, and the S&P 500 index reached a record closing record high. Most of the Asian markets rose on Monday, with Nikkei 225 up 2.1%, Hang Seng up 1%, and Korea's KOSPI up 0.65%.

The opening performance of the European stock market was lackluster, and investors continued to evaluate the impact of the situation in the Strait of Hormuz on the energy market and the global economy. WTI crude oil rose about 1% in early trading.