US Stock Futures Decline After Longest Winning Streak in 20 Years

U.S. stock futures fell on Monday, threatening to end a nine-day rally that marked the longest S&P 500 winning streak since 2004, as investors grew cautious amid trade and interest rate uncertainties. The recent market gains had erased losses from President Trump's earlier tariff announcements, with optimism building over potential trade agreements with countries like China, India, Japan, and South Korea. However, no concrete deals have been reached, and sentiment remains fragile as traders await clarity from both trade talks and the Federal Reserve's policy meeting, where rates are expected to remain unchanged. Crude oil prices slumped after OPEC+ announced an increase in supply, while gold saw renewed interest and the dollar traded steady. Major technology stocks and energy shares were broadly lower in premarket trading, reflecting wider market caution. Additionally, Warren Buffett's announcement that he will step down as Berkshire Hathaway CEO by year-end contributed to some market volatility.