Asia-Pacific markets mostly fall as Trump’s Iran warning stokes fresh oil supply fears
Tensions between the U.S. and Iran continue to impact market sentiment as investors await key earnings reports. U.S. stock futures showed little movement following a week of losses in major indices, particularly in technology stocks. The Dow Jones Industrial Average futures slipped slightly, reflecting ongoing concerns over geopolitical issues and economic performance.
- ▪Tensions between Washington and Tehran remain elevated despite a fragile ceasefire.
- ▪U.S. stock futures were little changed after a record-setting week.
- ▪The Dow Jones Industrial Average futures slipped 100 points, or 0.2%.
- ▪Major indices closed lower on Friday, with the S&P 500 shedding 1.24%.
- ▪Investors took profits in tech stocks after recent gains.
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Tensions between Washington and Tehran have remained elevated despite a fragile ceasefire reached in early April. The U.S. has continued its blockade of Iranian ports, while Iran has kept the Strait of Hormuz shut since the conflict began.U.S. stock futures were little changed following a record-setting week, with traders awaiting quarterly results from Nvidia and major U.S. retailers.Dow Jones Industrial Average futures slipped 100 points, or 0.2%. S&P 500 and Nasdaq-100 futures hovered around the flatline.Last week on Wall Street, the major indices closed lower on Friday, weighed down by losses in technology stocks and a rise in U.S.
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