Markets Slip as Triple Witching Approaches and Iran Tensions Rise, FedEx Up But SMCI Falls
TL;DR Summary
U.S. stock futures, including the S&P 500 and Dow, were lower ahead of Friday’s triple-witching expiry as Iran warned of 'zero restraint' amid strikes on energy infrastructure and disruption risks; the 10-year yield was around 4.28% and the two-year near 3.83% with markets pricing a high chance of no rate change in April. Premarket movers included FedEx higher after strong results and raised guidance, while Super Micro Computer tumbled after charges against its co-founder over AI exports to China; Planet Labs and Scholastic rose on earnings.
- Stock Market Today: S&P 500, Dow Futures Down Ahead Of 'Triple Witching' As Iran Warns Of 'Zero Restraint'—FedEx, Super Micro Computer In Focus Benzinga
- Stock market today: Dow, S&P 500, Nasdaq futures retreat as oil rallies amid Iran war jitters Yahoo Finance
- Dimming Hopes for Rate Cuts Drag Down U.S. Stocks WSJ
- Wall Street ends down as traders see no rate cuts before 2027 Reuters
- Brent crude briefly tops $119 per barrel, before receding, and shakes stock markets worldwide AP News
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