Markets wobble on Iran tensions as oil rises and SpaceX IPO priced
TL;DR Summary
U.S. stock futures slipped as geopolitical tensions with Iran contributed to higher oil prices and yields, with the S&P 500 and Nasdaq retreating and Broadcom and CrowdStrike dragging on earnings; meanwhile SpaceX priced its IPO at $135 per share (valuing the company at about $1.75 trillion) and energy stocks led gains as other sectors lagged.
- S&P 500 futures fall after index snaps 9-day win streak amid rising Middle East tensions: Live updates CNBC
- Dow closes 600 points lower as rising Treasury yields and oil prices pressure stocks: Live updates CNBC
- Wall Street ends lower as Middle East tensions escalate Reuters
- Stock market today: Dow, S&P 500, Nasdaq retreat from records as hopes fade for quick US-Iran deal fades Yahoo Finance
- U.S. Stocks Snap Winning Streak WSJ
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