Ahead of the New York market open, futures for major U.S. indices indicate positive momentum, with the S&P 500 up by 0.4%, the Nasdaq 100 rising by 0.6%, and the Russell 2000 increasing by 1%. ExanteData's cross-asset model suggests a projected gain of 0.37% for the S&P 500, bolstered by a bullish signal from global equities at 0.52%. However, over the past 20 days, the S&P has underperformed relative to global risk sentiment signals, with a cumulative underperformance of 4.17%. Additionally, the 10-year Treasury yield has decreased to 4.21% as equity futures show signs of weakening ahead of the market's opening.