Stock Market Futures Waver Amid Middle East Tensions and Earnings Reports
U.S. stock futures were mixed on Thursday as investors weighed ongoing tensions in the Middle East following a U.S.-led attack against Iran, alongside earnings reports from major tech firms like Broadcom (AVGO) and Snowflake (SNOW). Futures for the Dow Jones Industrial Average rose slightly while S&P 500 contracts remained flat. Nasdaq-100 futures dipped after stocks ended their three-day losing streak. Oil prices edged lower but still held above $95 per barrel, with attention shifting to labor market data ahead of Friday’s jobs report. Challenger, Gray & Christmas reported a slower pace of layoffs in August, signaling a “low hire, low fire” environment. Meanwhile, Broadcom shares dipped despite beating earnings expectations due to investor skepticism about the magnitude of results relative to its AI exposure. The broader economic backdrop remains uncertain as geopolitical tensions and mixed corporate performance influence market sentiment.
Tickers: $AVGO $DOCU $LULU $SNOW
Topics: earnings reports futures Middle East tensions stock market