The United States stock futures climbed early Monday, with futures tied to the S&P 500 rising 0.3%, the Dow Jones Industrial Average up 0.2%, and the Nasdaq Composite gaining 0.4%.
Meanwhile, gold surged nearly 2% as investors shifted toward hedging amid a barrage of major tech and market developments. The mood was buoyed by signs of economic resilience, but risks to the rally remained front-of-mind.
Tech sector dominated headlines: Amazon Web Services (AWS) suffered a large-scale outage in its US-EAST-1 region early Monday, interrupting services for apps including Snapchat, Roblox and Ring as engineers diagnosed a DNS failure.
Even so, parent company Amazon.com Inc. shares remained resilient, climbing 0.7 %. Meanwhile, Apple Inc. announced that its iPhone 17 series out-sold the prior generation by 14% during the first ten days of availability in the U.S. and China, according to research firm counterpoint. And at Tesla Inc., proxy adviser Institutional Shareholder Services (ISS) recommended shareholders vote against CEO Elon Musk’s proposed $1 trillion pay package—a signal of increasing governance scrutiny.
Investor commentary highlighted the contrasting dynamics of the day. “The AWS outage is a timely reminder that tech risk can hit when you least expect it,” said Sarah Nguyen, a portfolio manager at BrightCap.
On social platforms several retail investors remarked on the iPhone announcement—one tweeted “iPhone 17 sales booming, Apple’s got the momentum back!”—while another wrote: “$1 trillion for Musk? Come on, governance matters.” Analysts noted that the tech disruptions and pay-package controversy could feed into broader market sentiment just as economic data pointed to modest strength.
With the S&P 500 recently hovering near all-time highs and global growth data due later this week, traders said they would watch closely for further signals.
The early jump in gold meanwhile reflected “hedge mode”—investors stepping up protection while confidence remained cautious but not yet optimistic. Market participants said the confluence of tech shocks, corporate governance headlines and macro guidance had created a complex backdrop for equities.
