US futures wobble as Hormuz tensions shadow Q2 earnings week
TL;DR Summary
US stock futures were mixed Monday as renewed Middle East tensions over the Strait of Hormuz and conflicting reports about shipping closures spurred a risk-off tone ahead of a busy Q2 earnings season led by JPMorgan, Bank of America, Goldman Sachs, Wells Fargo and Citigroup; S&P 500 futures slipped about 0.25%, Nasdaq-100 about 0.9% lower, while Dow futures edged up around 0.1%; oil prices climbed on supply concerns, and tech equities faced a rough start with a chip rout ahead of ASML and TSMC results.
- US stock futures fall further amid Iran strikes, tech losses; Q2 earnings on tap Investing.com
- U.S.-Iran Escalation; AI-Related Stocks Slide Across Globe WSJ
- Dow Jones Futures Fall, Oil Prices Rise Amid New U.S.-Iran Attacks; Nvidia, Micron, Sandisk Near Buy Points Investor's Business Daily
- Stock Market Today: Dow, S&P 500 and Nasdaq set to decline as Iran says Hormuz is closed; SK Hynix dives in Seoul MarketWatch
- Nasdaq, S&P 500 Futures Slip As Iran Tensions Rattle Markets Again: Why MU, TSLA, BATL, SKHYV, MSFT, TSM, SLS Are In Focus Yahoo Finance
Reading Insights
Total Reads
1
Unique Readers
3
Time Saved
145 min
vs 146 min read
Condensed
100%
29,144 → 85 words
Want the full story? Read the original article
Read on Investing.com