"Stock Market Reacts to Israel's Limited Strike Against Iran: Futures Slip, Oil Prices Gyrate"

1 min read
Source: Yahoo Finance
"Stock Market Reacts to Israel's Limited Strike Against Iran: Futures Slip, Oil Prices Gyrate"
Photo: Yahoo Finance
TL;DR Summary

US stock futures initially dropped after Israel's strike on Iran, prompting a rush to safe havens, but have since recovered slightly; uncertainty about Federal Reserve interest-rate cuts and disappointing earnings from Netflix have added pressure. Procter & Gamble raised its profit forecast, while American Express posted a profit beat. Meanwhile, US government bonds and commodities experienced fluctuations. Amex CEO noted that wealthy consumers are still spending despite high inflation. Netflix's strong subscriber growth and ability to raise prices may mitigate the impact of its disappointing earnings.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

3 min

vs 4 min read

Condensed

88%

70186 words

Want the full story? Read the original article

Read on Yahoo Finance