U.S. involvement in Israel and Iran conflict
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InvestorsHub on MSNDow Jones, S&P, Nasdaq, Renewed Israel-Iran Concerns May Lead To Pullback On Wall StreetThe major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside following the rebound seen in the previous session.
Stock futures were higher on Sunday as investors weighed the impact of the escalating Israel-Iran conflict that shows no signs of any potential off-ramps ahead. Oil prices rallied after Israel attacked key areas of Iran’s energy infrastructure over the weekend,
U.S. stocks were trading at session lows on Tuesday afternoon as investors are worrying that an escalation of tensions between Israel and Iran could trigger deeper U.S. involvement in the conflict. The Dow Jones Industrial Average was falling over 300 points,
Stock futures rebounded slightly early Monday as the spike in oil prices due to the escalating conflict between Israel and Iran eased for a moment. Stock gains were muted as investors remained concerned about the rising geopolitical risk to the global economy.
Investor attention is also fixed on the Federal Reserve, which begins its two-day policy meeting Tuesday. The outcome is expected on June 18 Experts predict that this could mark the fourth consecutive meeting where the Fed keeps interest rates unchanged.
Tokyo’s Nikkei 225 index rose 0.6% after the Bank of Japan opted to keep its key interest rate unchanged. It’s been gradually raising its rate from near zero and cutting back on its purchases of Japanese government bonds to help counter inflation.
S&P 500 futures are down 0.6%. Dow Jones Industrial Average futures are dipping 0.7%. Nasdaq 100 futures are retreating 0.6%. On Monday, the Dow Jones Industrial Average rose 317 points, or 0.75%, to 42,
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