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Live futures market australian ASX futures rose 0

Model: NS-40F401NA26
SKU: 6614066
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Australian ASX futures rose 0.38% in the live futures market amid surging iron ore futures prices. Mining sector equity futures charted similar gains, bolstered by firm demand from Asian steel manufacturers. Even if the stock recovers early next week as investors digest Palantir's statement to Reuters about there not being any issues with its platform, the extreme market reaction is, in and of itself, informative: When expectations are sky-high, even a whiff of product risk can hit the stock. The stock market has typically glided through previous government shutdowns, but this one could be riskier given the slew of economic factors at play. Investors remain worried about a slowing labor market and inflation risks as well as historically elevated stock valuations and market concentration levels. Canadian TSX futures edged 0.2% higher in the live futures market as crude oil strength lifted energy stocks. Domestic bank futures also improved on resilient lending data.