Stock Market Today: S&P 500, Dow Jones Futures Gain as Scott Bessent Says US Is Starving Iran's 'Tyrannical Regime'—PKE, HUM, RENX in Focus
U.S. stock futures were higher on Friday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Thursday’s mixed close. The U.S. Treasury Department sanctioned 17 vessels targeting Iran’s shadow fleet to choke off Tehran’s oil revenue. The move adds another layer of uncertainty to an already tight global oil market, with Scott Bessent saying that the U.S. Treasury is “starving the tyrannical regime in Tehran of the money it uses to wage war in the region, and we will continue exposing those who enable the regime’s oil sales. No enabler of Iranian sanctions evasion is safe from the full force of Treasury’s authorities.” Meanwhile, the 10-year Treasury bond yielded 5.24%, and the 2-year Treasury bond yielded 4.78%, at the last check. The CME Group’s FedWatch tool projections show markets pricing in a 19.4% likelihood of the Federal Reserve hiking interest rates after its October meeting. Index Performance (+/-) Dow Jones 0.20% S&P 500 0.43% Nasdaq 100 0.83% Russell 2000 0.42% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket trading on Friday. The SPY
S. stock futures were higher on Friday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Thursday’s mixed close. S. Treasury Department sanctioned 17 vessels targeting Iran’s shadow fleet to choke off Tehran’s oil revenue.
S. Treasury is “starving the tyrannical regime in Tehran of the money it uses to wage war in the region, and we will continue exposing those who enable the regime’s oil sales. 78%, at the last check. 4% likelihood of the Federal Reserve hiking interest rates after its October meeting.
42% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket trading on Friday. 92. Read Also: Stock Market: Will S&P 500 Open Up or Down Today? Stocks In Focus Park Aerospace Park Aerospace Corp.
82% in premarket trading on Friday after reporting upbeat earnings for the second quarter. ’s Edge Stock Rankings indicate that PKE maintains a weak price trend in the short and medium term, but a strong trend in the long term, with a moderate value score. RenX Enterprises RenX Enterprises Corp. 28 million shares of common stock by selling stockholders.
’s Edge Stock Rankings indicate that RENX maintains a weak price trend in the long, short, and medium terms. Veea Veea Inc. 46% following the announcement that the New York-based AI-driven edge infrastructure and Platform-as-a-Service (PaaS) company is now fully compliant with Nasdaq’s continued listing requirements. ’s Edge Stock Rankings indicate that VEEA maintains a strong price trend in the short term but a weak trend in the long and medium terms.
Zhibao Technology Zhibao Technology Inc. 18% after the Chinese insurance technology company, which provides digital insurance brokerage services, said it will proceed with a 1-for-50 reverse stock split. ’s Edge Stock Rankings indicate that ZBAO maintains a weak price trend in the short, long, and medium terms. Humana Humana Inc.
94% higher after CMS’ 2027 Medicare Advantage and Part D Star Ratings gave Humana’s largest Medicare Advantage contract a 4-star rating, making it eligible for bonus payments. ’s Edge Stock Rankings indicate that HUM maintains a strong price trend in the medium, long, and short terms, with a poor growth score. Read Also: Dan Ives Updates AI 30: Adds DELL, SPCX While Dropping ORCL and PEGA Ahead of IVES Rebalance Cues From Last Session Sectors on the S&P 500 mostly closed higher, led by top gains in energy, consumer staples, and financials on Thursday, while info tech and consumer discretionary lagged. S.
large-cap equities. He attributes market strength to solid economic growth and an unprecedented artificial intelligence investment cycle, which together support double-digit earnings growth forecasts for the S&P 500 Index in 2026. Mendez notes that the forces lifting equities are simultaneously keeping Treasury yields elevated, as robust business activity, strong consumer spending, and infrastructure demand increase the competition for capital and resources. ” While acknowledging that higher rates and policy uncertainty could generate near-term market volatility, Mendez emphasizes that this setup broadens opportunity.
“While higher rates may increase market volatility, they also create a broader opportunity set for investors,” he highlights. S. equities, while higher yields generate stronger future returns for bond investors and commodities offer an attractive hedge. Upcoming Economic Data Here’s what investors will be keeping an eye on Friday.
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20 per coin over the last 24 hours. Asian markets traded mixed on Friday, as Hong Kong’s Hang Seng Index, China’s CSI 30, Australia’s S&P/ASX 200, and India’s Nifty 50 indices rose, while South Korea’s Kospi and Japan’s Nikkei 225 indices dropped. European markets were mostly higher in early trading. com