Stock Market Today: Futures Advance After Down Day to Begin Week; Oil Prices Retreat After Surging on Middle East Tensions
Stock futures rose on Tuesday after major indexes closed lower on Monday due to inflamed Middle East tensions. Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures were up 0.6%, 0.4%, and 0.3%, respectively.
Stock futures pointed higher on Tuesday after major indexes closed lower on Monday. Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures rose 0.6%, 0.4%, and 0.3%, respectively. Oil prices retreated after surging on Middle East tensions, with West Texas Intermediate futures declining 2.3% to $104 a barrel. The 10-year Treasury yield slipped below 4.43%. Gold futures advanced 0.7% to $4,565 an ounce. Shares of most 'Magnificent Seven' tech giants pointed higher in premarket trading. Coinbase Global announced a restructuring plan involving a 14% workforce reduction, citing artificial intelligence as a factor.
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