Stock Market News Live: Futures sink on intensifying US-Iran escalation fears

January 6, 2020
A.D.M
8:30 A.m.


Fallout from the U.S. strike on Iran continues to boil markets and unnerve investors in early Monday trading. Stock futures indicate a broadly lower open on Wall Street, carrying over losses in Asia and Europe but driving up safe-haven assets like bullion.
Here were the main pre-market moves, as of 8 a.m. ET:
  • S&P futures (ES=F): 3,221.50, down 14 points or 0.43%
  • Dow futures (YM=F): 28,469, down 133 points or 0.47%
  • Nasdaq futures (NQ=F): 8,774.25, down 47.50 points or 0.54%
  • Crude oil (CL=F): $63.64 per barrel, up $0.59 or 0.94%
  • Gold (GC=F): $1,549 per ounce, up $26.10 or 1.68%
Analysts, however, point out that the pressure on markets from geopolitics tends to be fleeting. As Bleakley Advisory’s Pete Boockvar points out a morning research note
Stock Market News Live: Futures sink on intensifying US-Iran escalation fears Stock Market News Live: Futures sink on intensifying US-Iran escalation fears Reviewed by Anson Moore on January 06, 2020 Rating: 5

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