Stock index futures fall as Iran tensions weigh on sentiment
Alexey_Fedoren
Stock index futures were lower on Thursday as investors weighed escalating geopolitical risks and corporate earnings.
Dow futures (INDU) -0.66%, S&P 500 futures (SPX) -1.01%, and Nasdaq futures (US100:IND) -1.78%.
The U.S. and Israeli militaries have developed detailed plans for renewed strikes against Iran after the American midterm elections, The New York Times reported, citing U.S. officials and others briefed on the discussions.
On the earnings side, Meta Platforms beat Wall Street's expectations, reported record combined revenue, and raised the lower end of its capital expenditure range. Tesla shares -3.32% after the Austin-based automaker released its third-quarter earnings report.
Investors will monitor initial jobless claims, leading indicators, and the Federal Reserve's balance sheet.
The 2-year Treasury yield (US2Y) fell 2.7 basis points to 4.79%, the benchmark 10-year Treasury yield (US10Y) fell 4.1 basis points to 5.09%, and the 30-year Treasury yield (US30Y) fell 2.8 basis points to 5.38%.
Among S&P 500 stocks, CSX +3.66%, Meta Platforms +2.16%, Kinder Morgan +2.09%, CBRE +2.04%, and Live Nation Entertainment +1.95%.
Rollins -7.62%, Lam Research -7.38%, IBM -4.63%, Applied Materials -3.84%, and Tesla -3.32%
KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.