Nasdaq: US markets reopen today after the Independence Day closure on Friday. In the last session on 2 July, the Nasdaq Composite fell 0.8% to 25,832.67 amid a chip-sector slide, while June nonfarm payrolls came in at 57,000 versus 113,000 expected, with unemployment at 4.2%. Stock futures moved higher Sunday night, and investors await the Fed’s June meeting minutes on Wednesday, the first under new Chair Kevin Warsh. SpaceX is set to join the Nasdaq-100 before trading begins on 7 July, with index-tracking funds purchasing shares after today’s close.

DAX: The DAX closed 0.85% higher on Friday, leading European bourses, as the region’s benchmark hit a 52-week high, supported by the softer US jobs data and declining energy prices.

Nikkei: Asian shares traded higher Monday, tracking gains in Wall Street futures, as weaker oil prices eased inflation worries. On Friday the index rose 1.47% to close at 69,744, while the yen’s surge — fueled by speculation of possible official intervention — remained a headwind for domestic equities.

Brent: Crude hovered near its lowest levels since late February as OPEC+ approved a 188,000 bpd output increase for August, led by Saudi Arabia and Russia. Strait of Hormuz flows continued normalizing, with Saudi exports near pre-war levels and the UAE restoring shipments. Total daily flows through the strait exceeded 10 million barrels, while US-Iran negotiations in Doha reportedly progressed.