US stocks are set to open lower on the Middle East tension | Forexlive
The major US indices are set to open lower after Israelis strikes against Iran’s nuclear facilities and nuclear scientists and military leaders. Iran in a letter to the UN. Counsel said that they will respond decisively and proportionally to the attacks.
In premarket trading, the futures are employing lower levels for the major indices. Currently,
- Dow industrial average -472 points
- S&P index -61 points
- NASDAQ index -292 point
So far the US has not been involved, but stands by Israel.
Pres. Trump on Truth Social said:
He also posted:
US yields remain higher with a two year up 3.5 basis points at 3.941% while the 10 year yield is trading up 3.0 basis points to 4.386%. There is no flight to safety flows into US debt instruments.
Crude oil is sharply higher with the price up $4.09 at $72.91. Gold is now up $55 or 1.62% at $3440. Bank of America sees path for goal to rally to $4000. Flow funds is heading into commodities.
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