Stock Market Today: Dow Futures Fall
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U.S. stock futures point lower as investors monitor the Israel-Iran conflict, Amazon extends its Prime Day event to four days, and Meta Platforms introduces ads on WhatsApp. Here's what investors need to know today.
(Reuters) -Futures tied to Canada's main stock index fell on Tuesday as the Iran-Israel conflict entered its fifth day, with investors fleeing to safe-haven assets on fears that the tensions could spiral into broader regional unrest.
At the time of writing, S&P 500 futures are down 0.6% slightly below the psychological level of 6,000. Down futures ease over 240 points, and slides to near 42,720.
U.S. futures for the S&P 500 were down 0.6% and futures for the Dow Jones Industrial Average declined 0.7%. Changes in futures do not necessarily predict movements after the opening bell.
Stock futures rose Monday but oil price increases eased as the conflict between Israel and Iran stretched into a fourth day. G7 leaders will meet in Canada on Monday after President Donald Trump put tariffs on many key U.
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Oil prices rose again as Iran and Israel continued to launch strikes against each other at the start of a busy week for central banks.
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Stocks moved sharply higher Monday morning, recovering from steep losses the previous session, as investors keep close tans on the latest developments in the ongoing conflict between Israel and Iran.