US futures rise at start of Q2, fresh record for gold- what's moving markets
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US stock futures traded higher as Q2 begins, following a market holiday on Friday. Gold prices surged to a fresh record on bets for rate cuts from the Federal Reserve. The second quarter is expected to continue the strong start to the year for the US stock market. Gold prices rose to a record high on Monday, as a softer US inflation reading cemented bets that the Fed would deliver its first interest rate cut of the year in June. Microsoft will sell its chat and video app Teams separately from its Office product globally. Oil prices ticked higher on Monday, building on recent gains as upbeat factory data out of China supported the demand outlook while concerns over tight supplies also underpinned prices.

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https://www.investing.com/news/economy/us-futures-rise-at-start-of-q2-fresh-record-for-gold-whats-moving-markets-3358972