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Stock market futures on edge after US bombs Iran's nuclear sites

Stock market futures on edge after US bombs Iran's nuclear sites

Qatar Tribune13 hours ago

Agencies
New York
Dow Jones futures, the S&P 500, and Nasdaq futures are expected to open on a shaky note following President Donald Trump's announcement that the US had conducted airstrikes on three Iranian nuclear facilities. Additionally, Tesla's robotaxi programme launch is on the near horizon.
The stock market displayed mixed results over the past week, showing resilience amid significant developments concerning Israel and Iran.
Stocks like Viking, Dell, Super Micro, and Shake Shack are currently within theirbuy zones.
On Friday, the S&P 500 declined as investors kept a close watch on the latest news from the Middle East. The broad market index dropped 0.22 percent, closing at 5,967.84, as Friday marked the S&P 500's third consecutivelosing session.
Sam Stovall, chief investment strategist at CFRA Research, said earlier this week that the S&P 500 is currently trading approximately 3 percent below its recent52-week high.
'If there's a calming down of the geopolitical activities, then you know that could be helpful,' he stated.
The strikes come as Tesla will launch its robotaxi service in Austin, Texas, this Sunday.
The service features a 'safety monitor' in the passenger seat. Meanwhile, Uber Technologies, which may be impacted by the Tesla robotaxi updates, has established a new base and is preparing for an aggressive market entry.

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