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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
CornMarkets

Corn Trades Near 8-Month Lows

Corn futures traded below $4.1 per bushel, hovering near eight-month lows as markets adjusted positions ahead of USDA’s acreage and quarterly inventory report this week, while hot US weather raised crop concerns. Hotter-than-normal temperatures are forecasted from the Plains to the Atlantic Coast through July 4, while drier conditions across southern growing areas and a heat dome expected next week could further raise crop concerns and threaten yield prospects. Meanwhile, traders are closely watching USDA reports for fresh supply signals due on Tuesday, with corn plantings expected to decline to around 94.9 million acres. However, that would still mark the fourth-largest planted area in the US since 1960. Elsewhere, markets also watched whether the ceasefire between the US and Iran would hold. Oil prices rose after both sides exchanged attacks around the Strait of Hormuz. Although, both agreed to halt further strikes ahead of peace talks set to resume later this week.

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