US stock futures rose after President Trump announced a ceasefire between Israel and Iran. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) jumped 0.4%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) rose 0.6%. "It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE," the president wrote on Truth Social on Monday evening. The ceasefire, Trump said, would begin at about 12 a.m. ET. He continued, "On the assumption that everything works as...
US stock futures fell as investors braced for ongoing Israel-Iran hostilities that could draw in the US, along with the Federal Reserve's upcoming interest rate decision. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) slipped 0.3%. President Trump met with his national security team on Tuesday to discuss Israel and Iran, raising speculation that the US could join Israel's attack. The White House did not provide any details on the meeting, and the president spoke with Israeli Prime...
US stock futures fell as investors braced for ongoing Israel-Iran hostilities that could draw in the US, along with the Federal Reserve's upcoming interest rate decision. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.2%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) fell 0.3%. President Trump met with his national security team on Tuesday to discuss Israel and Iran, raising speculation that the US could join Israel's attack. The White House did not provide any details on the meeting, and the...
US stock futures fell with investors on edge as Israel and Iran continued to trade strikes against a backdrop of shifting US trade policy and stubborn interest rates. Futures attached to the Dow Jones Industrial Average (YM=F) fell 0.4%. Futures attached to the benchmark S&P 500 (ES=F) sank 0.5% and the tech-heavy Nasdaq 100 (NQ=F) stumbled 0.6%. On Monday evening, Trump called for the evacuation of Iran's capital city, Tehran, as Israel pledged to continue attacking the country. "Iran should have signed the 'deal' I told them to sign," the...
Israel has attacked Iran in the largest recent escalation of tensions in the region. Markets reacted swiftly to the news, with the three major gauges all plunging over 1%. Gold (GC=F) and oil prices surged with investors scurrying to safer assets, hoping to avoid the worst of a financial shake up. Iran is the third largest producer of oil within OPEC+, and the attack has caused prices to surge over 5%. Brent crude (BZ=F) futures jumped 5.5% to $73.27 a barrel while West Texas Intermediate surged 5.9% to $72.05 a...
US stock futures wavered as Wall Street digested the progress on US-China trade negotiations, a fresh legal ruling on President Trump tariffs, and braced for the release of the May inflation report. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) hovered just below baseline. On Tuesday, representatives from the US and China reached an agreement on a framework and implementation plan to ease trade tensions between the two countries. “We have reached a framework to implement the Geneva...
US stock futures drifted up as Wall Street largely shrugged off tariff risks even as President Trump doubled duties on steel and aluminum imports. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) rose 0.1%. Trump signed a proclamation on Tuesday evening that hiked tariffs on steel and aluminum imports from 25% to 50%. The United Kingdom is the only country exempt from the increase. The president's latest tariff move comes amid escalating tensions between the US and key...
The bond market is caught in a tug-of-war between pro-growth stimulus and inflationary pressures, leaving investors with few clear signals and rising long-term yields. "We have policies that on the one hand will boost growth like expansive fiscal stimulus," Kathy Jones, chief fixed income strategist at Charles Schwab, told Yahoo Finance. "Then we have some that will slow growth, like tariffs. ... So the bond market is just caught in the middle." Long-term Treasury yields have climbed in recent weeks, driven by concerns over the US fiscal trajectory as President...
US stock futures fell on Monday, as investors turned the page on a bullish May and eyed the month ahead with trade uncertainty lingering. S&P 500 futures (ES=F) were down 0.4%, with futures tied to the Dow Jones Industrial Average (YM=F) dropped 0.5%. Contracts tied to the Nasdaq 100 (NQ=F) slipped 0.6%. The tepid start to June follows a standout May: The S&P 500 (^GSPC) rallied more than 6% in its best month since November 2023 and best May since 1990. The Nasdaq Composite (^IXIC) soared 9%, and the Dow...