iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Stocks softened as renewed doubts over the US–Iran ceasefire pushed oil higher and weighed on risk sentiment. S&P 500 futures fell 0.2% and Nasdaq 100 futures dropped 0.5% after Wall Street closed at record highs, while European futures pointed lower.

Asian equities climbed as investors doubled down on the AI trade, even as Middle East tensions pushed oil higher and weighed on bonds. The MSCI Asia Pacific Index rose 0.5%, led by technology shares, while South Korea’s Kospi jumped 4.5% to a record and an Asian chipmaker gauge hit a fresh peak after US semiconductors closed at all-time highs on Friday.

Global markets retreated at the end of the week as renewed tensions between the US and Iran reignited concerns over Middle East energy supplies and their impact on global growth.