Markets Hold Steady as Iran Tensions Test Optimism for a Resolution
U.S. stock futures were little changed overnight as investors weighed Middle East tensions and awaited weekly jobless claims; after a strong session, the S&P 500, Nasdaq, and Dow rose in Wednesday’s regular trading, while Iran signaled no talks and floated terms that could affect the Strait of Hormuz; oil prices fell on optimism for a resolution, and Citi’s Kate Moore warned against excessive optimism and urged investors to build resilient portfolios ahead of the jobless claims data due Thursday.
