Japan experienced its hottest month on record, with the average temperature soaring high. In the US, stock futures rebounded slightly after a tech-driven selloff, signaling a steady start to a crucial month. Commodity markets saw silver and gold prices rise, hinting at a potential Federal Reserve interest rate cut. European equities are expected to benefit from a stronger economic outlook, while Indonesian stocks faced political risks. Corporate news includes Revolut Ltd. employees selling shares, McLaren Racing’s valuation, and New World Development considering capital injection. Banca Monte dei Paschi di Siena SpA may raise its bid for Mediobanca SpA, and Equinor ASA plans to invest in wind developer Orsted A/S. OpenAI is eyeing a new data center in India for its AI infrastructure initiative. Market movements include S&P 500 futures rising, euro and pound strengthening, and bitcoin and ether prices falling. Bonds and commodities also saw fluctuations.

Read more at Yahoo Finance: Stocks Rebound Modestly as Testing Month Begins: Markets Wrap