US futures continue to hold up in European morning trade ...Middle East

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It is mostly tech shares leading the charge though with Nasdaq futures marked up by 1.4% currently. The late rebound yesterday was certainly intriguing but it's been followed up with some better earnings releases from Meta and Microsoft. Dip buyers are continuing to hold the line with the S&P 500 looking to build on last week's push above 5,500. Some relevant headlines in case you missed them:

US Q1 advance GDP -0.3% vs +0.3% expectedThe market sees more Fed rate cuts after the weak US GDP but it could be wrongUS recently reached out to China for tariff talks - reportMeta EPS $6.43 versus $5.21 estimate. Revenues $42.31B versus $41.36B estimateMicrosoft earnings beat expectations This article was written by Justin Low at www.forexlive.com.

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