Introducing Surge - Intelligent Book and Execution Optimisation Platform

Today marks the end of a busy week filled with earnings data, the Federal Reserve, and, rounding things out, Non-Farm Payrolls later today! Global equities extended their decline for a sixth straight session, but the S&P 500 still sits only 1.5% from all-time highs. Fresh U.S. tariffs weighed on sentiment and offset another round of strong tech earnings.

Futures for the S&P 500 and Nasdaq 100 climbed, with Microsoft and Meta surging in after-hours trading after strong earnings from megacap tech firms boosted confidence in corporate resilience.

Asian equities edged higher as the extension of the U.S.–China tariff truce offered some relief to investors, easing near-term geopolitical risk. The MSCI Asia-Pacific Index rose 0.5%, led by tech stocks, while gains in Shanghai contrasted with losses in Hong Kong.