![Oil, EVs, And Big Tech Hit The Ground Running In The Second Half](https://cdn.newsserve.net/ONPglobe256.png)
Oil, EVs, And Big Tech Hit The Ground Running In The Second Half
Global markets have kicked off the new quarter with solid gains from Asia to Europe (as previewed last week in "The Technical Overhang Is Done, July Starts With A Bullish Eruption") while US equity futures were in the green, with sentiment getting a boost thanks to Tesla and BYD climbing on record quarterly sales. Oil rallied as Saudi Arabia and Russia extended oil supply cuts. At 7:45am ET, S&P emini futures were flat, reversing an earlier rally, with trading activity subdued by today's half-day schedule ahead of the upcoming July 4…
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