Live index futures futures linked to the S&P and Nasdaq

Futures linked to the S&P and Nasdaq rose modestly as earnings season beats expectations. Live index futures traders are positioning for potential upside follow-through if profit margins remain above forecast levels. The weekly Commitment of Traders report from CFTC showed spec traders in live cattle futures and options trimming back their net long position by 2,844 contracts to 124,903 contracts as of Tuesday. In feeder cattle, the net long position continues to dwindle down, last week by 1,564 contracts to 24,327 contracts, as the number of outright longs dropped to the lowest since April, with the number of outright shorts the highest since last November. Gold futures ( GC=F ) slipped more than 1% to slip below $3,000 per ounce on Monday during a chaotic trading session on Wall Street. Market breadth is improving alongside gains in live index futures, as S&P 500 trades near record highs. Futures point toward resilience despite geopolitical tensions, with defensive sectors also showing relative strength, reinforcing bullish technical setups.