Stock Market Today: S&P 500, Dow Jones Futures Gain Even as Iran Flags 'Inadequate' US Response to Peace Terms — SMP, QMCO, SVRN in Focus
U.S. stock futures were mixed on Monday, as the Dow Jones and S&P 500 indices rose, while the Nasdaq 100 index fell, following Friday’s higher close. Geopolitical tensions flared over the weekend as Iran stepped up attacks on shipping near the Strait of Hormuz and threatened regional digital infrastructure, citing an “inadequate” U.S. response to its peace terms. The escalation comes amid reports that Tehran rejected Washington’s latest proposals to end the conflict, with prediction markets signaling low odds of a near-term diplomatic resolution to reopen the strategic waterway. Attention on Wall Street is turning toward third-quarter earnings reports. Several major financial heavyweights—such as JPMorgan Chase & Co. (NYSE: JPM ), Bank of America Corp. (NYSE: BAC ), Citigroup Inc. (NYSE: C ), Wells Fargo & Company (NYSE: WFC ), Morgan Stanley (NYSE: MS ), and Goldman Sachs Group Inc. (NYSE: GS ) —are set to release their latest results this week. The bond market is closed on Monday for Columbus Day, though the equity market remains open. Later this week, investors will digest September Consumer Price Index (CPI) inflation data, retail sales figures, and the Federal Reserve’s Beige
S. stock futures were mixed on Monday, as the Dow Jones and S&P 500 indices rose, while the Nasdaq 100 index fell, following Friday’s higher close. S. response to its peace terms.
The escalation comes amid reports that Tehran rejected Washington’s latest proposals to end the conflict, with prediction markets signaling low odds of a near-term diplomatic resolution to reopen the strategic waterway. Attention on Wall Street is turning toward third-quarter earnings reports. Several major financial heavyweights—such as JPMorgan Chase & Co. (NYSE: JPM ), Bank of America Corp.
(NYSE: BAC ), Citigroup Inc. (NYSE: C ), Wells Fargo & Company (NYSE: WFC ), Morgan Stanley (NYSE: MS ), and Goldman Sachs Group Inc. (NYSE: GS ) —are set to release their latest results this week. The bond market is closed on Monday for Columbus Day, though the equity market remains open.
Later this week, investors will digest September Consumer Price Index (CPI) inflation data, retail sales figures, and the Federal Reserve’s Beige Book. 79%, as of Friday’s close. 8% likelihood of the Federal Reserve hiking interest rates after its October meeting. 04% 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 mixed in premarket trading on Monday.
09. Read Also: Stock Market: Will S&P 500 Open Up or Down Today? Stocks In Focus Standard Motor Products Standard Motor Products Inc. 14% in premarket trading on Monday as it named James J.
Burke as interim CFO, effective Oct. 30, succeeding Nathan R. Iles. ’s Edge Stock Rankings indicate that SMP maintains a weak price trend in the short, long, and medium term, with a moderate quality score.
Quantum Quantum Corp. 71% lower in Monday premarket as it terminated William H. White as CFO and principal financial officer, effective Oct. 9, 2026.
The company named Hiral A. Patel as principal financial officer. ’s Edge Stock Rankings indicate that QMCO maintains a strong price trend in the long, short, and medium terms. J-Star Holding J-Star Holding Co.
Ltd. S. expansion for drone frame manufacturing. ’s Edge Stock Rankings indicate that YMAT maintains a weak price trend in the short, long, and medium terms.
SVRN SVRN Inc. 89% after the company announced it acquired FastNEAR, a provider of Remote Procedure Call infrastructure that supports applications on the NEAR Protocol. ’s Edge Stock Rankings indicate that SVRN maintains a strong price trend in the short, long, and medium terms. First Tracks Biotherapeutics First Tracks Biotherapeutics Inc.
68% higher after it said that it will announce top-line data from Cohort 1 of Phase 1b trial of ANB033, a CD122 antagonist, in celiac disease on Oct. 12. ’s Edge Stock Rankings indicate that TRAX maintains a strong price trend in the long term but a weak trend in the medium and short terms.
Read Also: Scott Bessent Fires Back at Elizabeth Warren’s ‘Trumpflation’ Tracker — Treasury’s Counterattack Makes a Very Different Case About Trump’s Economy Cues From Last Session Real estate, consumer discretionary and health care stocks recorded the biggest gains, while communication services and energy bucked the overall market trend to close lower, as most S&P 500 sectors ended Friday positive. S. economy as fundamentally strong yet navigating an increasingly precarious environment. S.
S. ” Looking forward, he highlights that the Federal Reserve is “navigating an increasingly narrow path” as it balances robust economic activity against inflationary pressures. While policymakers are threading a “tight needle” to maintain stability—making an October rate hike unlikely—upcoming CPI data could upend expectations. ” Upcoming Economic Data Here’s what investors will be keeping an eye on this week.
On Monday, no economic events are scheduled. m. ET. m.
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ET. On Thursday, October’s Empire State manufacturing survey, September’s retail sales, October’s Philadelphia Fed business outlook survey, initial jobless claims for the week ending Oct. m. ET.
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58 per barrel. 47 per ounce. S. 31 level.
47 per coin over the last 24 hours. Asian markets traded mixed on Monday, as Hong Kong’s Hang Seng and Australia’s S&P/ASX 200 indices rose. While China’s CSI 30, India’s Nifty 50, South Korea’s Kospi and Japan’s Nikkei 225 indices declined. European markets were mostly higher in early trade.
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