U.S. stock futures fall after Trump launches Iran economic offensive
U.S. stock futures are lower as President Donald Trump announces “Operation Economic Fury” against Iran, lifting geopolitical tensions and pushing Brent crude higher.
S. stock futures were lower on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Wednesday’s higher close. President Donald Trump announced a harsh economic offensive against Iran dubbed "Operation Economic Fury," threatening severe consequences for any nation offering Tehran financial support. S.
naval grip around the Strait of Hormuz escalated Middle East geopolitical tensions, driving Brent crude higher toward $92 a barrel. 17%. 8% likelihood of the Federal Reserve hiking the current interest rates during its September meeting. 20% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Thursday.
71. Read Also: Stock Market: Will S&P 500 Open Up or Down Today? Stocks In Focus Coty Coty Inc. 61% after posting mixed results for the fourth quarter after Wednesday’s closing bell.
It reported quarterly losses of two cents per share, which missed the consensus estimate for a loss of one cent. ’s Edge Stock Rankings indicate that COTY maintains a strong price trend in the short and medium terms but a weak trend in the long term. Nordson Nordson Corp. 16% after reporting better-than-expected third-quarter financial results and raising its FY26 guidance.
’s Edge Stock Rankings indicate that NDSN maintains a strong price trend in the short, long, and medium terms, with a moderate quality score. Webull Webull Corp. 26 million estimate, while adjusted EPS of 5 cents beat expectations of 3 cents. ’s Edge Stock Rankings indicate that BULL maintains a strong price trend in the short and medium terms but a weak trend in the long term, with a poor value score.
Moderna Moderna Inc. 97% rally on Wednesday after its personalized mRNA cancer vaccine with Merck & Co Inc. (NYSE: MRK ) succeeded in a Phase 3 melanoma trial, marking the first Phase 3 win for an mRNA-based cancer treatment. Edge Stock Rankings indicate that MRNA maintains a strong price trend in the long, medium, and short terms.
Walmart Walmart Inc. 07% higher as it is supposed to report earnings before the opening bell. 83 billion. ’s Edge Stock Rankings indicate that WMT maintains a weak price trend in the short, long, and medium terms, with a good growth score.
Read Also: Nasdaq 100 Short Exposure Hits $20 Billion as Insiders Near ‘15-Year High’ in Buying: Is a Squeeze Imminent? S. stocks settled higher overall as the over 100 points after the Treasury doubled long-dated debt buybacks, pulling yields off 20-month highs. 94 Insights From Analysts BlackRock views the current market environment as driven by structural shifts rather than a typical business cycle.
S. equities, driven by strong corporate earnings and artificial intelligence adoption. S. ” Rather than broad market exposure, BlackRock recommends targeted plays in AI bottlenecks, such as power, chips, and data centers.
On the economy and fixed income, BlackRock anticipates persistent inflation risks and higher government borrowing. S. ” Consequently, they advise moving away from long-duration government debt in favor of short- to medium-term bonds, private credit, and infrastructure equity. Upcoming Economic Data Here’s what investors will be keeping an eye on Thursday.
August’s Philadelphia Fed business outlook survey and weekly jobless claims for the week ending Aug. m. ET. m.
ET. 32 per barrel. 65 per ounce. S.
7030 level. 52 per coin over the last 24 hours. Asian markets were higher on Thursday, as Hong Kong’s Hang Seng, China’s CSI 300, Australia’s ASX 200, India’s Nifty 50, Japan’s Nikkei 225, and South Korea’s Kospi indices