US Equity Futures Mixed Pre-Bell Amid SK Hynix's Record-Setting US Market Debut, Resumption of US-Iran Talks
US equity futures were mixed pre-bell Friday as traders took note of the US market debut of South Korean chipmaker SK Hynix, while the US and Iran will continue peace talks even after an exchange of attacks in recent days. Dow Jones Industrial Average futures were 0.1% higher, S&P 500 futures were down 0.1%, and Nasdaq futures were 0.4% lower. SK Hynix's initial public offering, which consists of 177.9 million American depositary shares, raised about $26.5 billion. The sale by the South Korean semiconductor company ranks as the largest debut by a foreign firm in the US. The offer was seven times oversubscribed, with more than 500 investment firms looking to buy shares. from the Financial Times. The US will continue "technical talks" with Iran as part of peace negotiations, despite the military strikes between the two nations earlier this week. from MS Now citing a US official. President Donald Trump said that Iran's attacks on commercial vessels transiting the Strait of Hormuz were "acts of terrorism,". Trump told reporters on Thursday that Iran had reached out and wanted to make a deal to cease the.
US equity futures were mixed pre-bell Friday as traders took note of the US market debut of South Korean chipmaker SK Hynix, while the US and Iran will continue peace talks even after an exchange of attacks in recent days.
Dow Jones Industrial Average futures were 0.1% higher, S&P 500 futures were down 0.1%, and Nasdaq futures were 0.4% lower.
SK Hynix's initial public offering, which consists of 177.9 million American depositary shares, raised about $26.5 billion.
The sale by the South Korean semiconductor company ranks as the largest debut by a foreign firm in the US.
The offer was seven times oversubscribed, with more than 500 investment firms looking to buy shares. from the Financial Times.
The US will continue "technical talks" with Iran as part of peace negotiations, despite the military strikes between the two nations earlier this week. from MS Now citing a US official.
President Donald Trump said that Iran's attacks on commercial vessels transiting the Strait of Hormuz were "acts of terrorism,".
Trump told reporters on Thursday that Iran had reached out and wanted to make a deal to cease the.