US Strikes Iran Nuclear Sites, Stock Futures Rise Amid Tension
US Strikes Iran Nuclear Sites, Stock Futures Rise Amid Tension

US Strikes Iran Nuclear Sites, Stock Futures Rise Amid Tension

News summary

U.S. stock futures showed slight gains on Monday as investors awaited Iran's response to U.S. airstrikes on Iran’s nuclear facilities, with President Donald Trump calling the strikes a "spectacular military success" and hinting at possible further actions including regime change. Despite initial surges, oil prices moderated after briefly reaching a five-month high due to concerns over potential disruption of the Strait of Hormuz, a critical oil shipping route, with Iran considering its closure but no immediate disruption reported. Energy and defense stocks rose modestly in premarket trading as markets balanced geopolitical risks with ongoing economic concerns, including inflation and tariff pressures under Trump's administration. China condemned the U.S. strikes, calling for a ceasefire, while Secretary of State Marco Rubio urged China to prevent Iran from blocking the Strait of Hormuz. Tesla gained 1.6% following its deployment of self-driving taxis in Texas, marking the first commercial operation without human drivers. Overall, markets remained cautious but not panicked, as investors monitored the evolving Middle East tensions and their potential impact on the global economy and energy supplies.

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Left 40%
Center 40%
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Total News Sources
5
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2
Center
2
Right
1
Unrated
0
Last Updated
1 hour ago
Bias Distribution
40% Center
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