U.S. Stock Futures Rise Up to 0.64% as Iran Vows Retaliation Over New Sanctions
Updated
Updated · Benzinga · Aug 25
U.S. Stock Futures Rise Up to 0.64% as Iran Vows Retaliation Over New Sanctions
3 articles · Updated · Benzinga · Aug 25
Summary
Nasdaq 100 futures led Tuesday’s premarket gains, up 0.64%, with the S&P 500 and Dow also higher after Monday’s mixed close.
Iran’s retaliation threat followed Treasury Secretary Scott Bessent’s expansion of sanctions aimed at cutting off Tehran’s economic lifelines, keeping geopolitical pressure on Gulf energy routes in focus.
WTI crude still fell 1.99% to $83.32 a barrel as oil tried to stabilize after a steep drop, while the 10-year Treasury yield stood at 4.71% and the 2-year at 4.24%.
Markets also priced a 42.1% chance of a September Fed rate hike, with investors awaiting home-price, new-home-sales and consumer-confidence data later Tuesday.