Markets wobble as Iran-Israel tensions temper a risk-on mood
TL;DR Summary
Stock futures slipped about 0.2% Sunday after reports that Iran fired missiles at Israel, threatening a fragile ceasefire and following a week of sharp losses in tech-heavy indexes. Traders also await inflation data (CPI and PPI) and Elon Musk’s SpaceX IPO, amid concerns that higher financing costs in a high-rate environment could weigh on companies and sentiment move.
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