0738 GMT - Demand for U.S. equities rises as market fears about geopolitical and trade tensions ease, Saxo's Charu Chanana says in a note. Rising prospects of the U.S. Federal Reserve cutting interest rates in the coming months are also driving the rally, she says. A wide range of sectors are outperforming, "indicating that this is not just a tech story anymore", Chanana says. The U.S. stocks index S&P 500 climbs more than 4% in June. U.S. stock futures point to a higher opening on Wall Street, with the S&P 500 index expected to be up around 0.4%.(miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
June 30, 2025 03:38 ET (07:38 GMT)
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