Dow Futures Slip, Oil Climbs
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Stock futures advanced Tuesday, lifted by a strong earnings report from UnitedHealth Group, as investors awaited Federal Reserve Chair nominee Kevin Warsh's Senate Banking Committee confirmation hearing.
Investor's Business Daily on MSN
Stock market today: Dow dips, Trump Fed pick to say this; FedEx clears entry (live coverage)
The Dow Jones fell after President Trump gave an Iran warning. Amazon lagged, but some stocks cleared entries on the stock market today.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading as the stock market hopes for peace talks between the U.S. and Iran.
The U.S. stock market rallied sharply Friday, after President Trump thanked Iran for opening the Strait of Hormuz. The S&P 500 and Nasdaq closed at fresh record highs.
U.S. stock futures rose early Tuesday after the Nasdaq Composite snapped a 13-day win streak during the regular session. S&P 500 futures and Nasdaq 100 futures added 0.3% and 0.4%, respectively. Futures tied to the Dow Jones Industrial Average gained 273 points, or 0.6%.
Oil prices climbed following the latest rise of U.S.-Iran tensions, but the moves were more modest than they were earlier in the war.
The setup is a bull-run technical backdrop (above 50/100-day EMAs) plus earnings acceleration (FactSet: ~13% Q1 growth, historically ~7 pts above estimates). Even with Iran noise, the article frames markets as moving past the “new normal,
Investor's Business Daily on MSN
Dow Jones futures: Nasdaq snaps win streak on rising US.-Iran tensions; Nvidia, Rocket Lab, Tesla key movers
Dow Jones Futures: The Nasdaq snapped its winning streak on rising U.S.-Iran tensions Monday. Nvidia, Rocket Lab and Tesla were key movers.