Dow futures higher amid growing tensions between Iran and the US

U.S. stock index futures were higher Monday morning, as traders monitor geopolitical tensions, in particular between the United States and Iran.

At around 05:23 a.m. ET, Dow futures rose 51 points, indicating a positive open of more than 17 points. Futures on the S&P and Nasdaq were both seen marginally higher.


— RECOMMENDED —

Tech insiders are holding their breath for what’s about to be revealed

… A prediction that could mean the END for market giants like Google, Facebook, Amazon and more…

… And it has the potential to make early adopters as much as $1,000,000.

It’s all happening on July 2 at 1 pm est, with the return of the world’s #1 tech futurist George Gilder.

Click here for all of the details.


Investors are following developments in the trade war between the U.S. and China, after the Chinese government said it would like Washington to stop “inappropriate” action against Chinese firms.

However, market players are also heavily focused on geopolitics and in the escalating tensions between Iran and the U.S. Over the weekend, President Trump announced that the U.S. will impose “major” additional sanctions on Iran on Monday but Iran dismissed the threat as “just propaganda.”

On the data front, the calendar is thin with Dallas Fed manufacturing data due at 10:30 a.m. ET.

There are no major corporate earnings to note.

Source: cnbc.com | Original Link

Leave a Reply