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Dow E-minis were down 0.48%, S&P 500 futures 0.45% and Nasdaq 100 futures 0.86% at 07:17 a.m. ET. Crude jumped 4% to around $108 a barrel as investors weighed the conflict and its inflation impact.
Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.
TRUMP: IRAN DOESN'T CONTROL THE STRAIT, WE CONTROL THE STRAIT
US–Iranian talks were thrown into doubt after President Donald Trump threatened to take control of the Strait of Hormuz and launch fresh strikes against Iran over Hezbollah’s actions in Lebanon. The Iranian delegation left the negotiation venue in protest against Trump’s threats, Fars News Agency reported on X. Tasnim