"Futures are trading lower as we head into Thursday, and depending on today's narrative about how the war in Iran is progressing, whatever is revealed could chart the stock market's course once again."
"The small-cap Russell 2000 led the way, finishing the day up 1.03% at 2,531. The Nasdaq was strong as well, finishing the session up 0.77% at 21,921."
"With the stock market rallying on Wednesday, it was no surprise that the buyers returned to Treasury bills and bonds as yields were down across the curve."
"Oil prices fell on the news of peace talks with Iran, even though they claimed they still want control of the Strait of Hormuz."
Futures are trading lower as the market awaits updates on the Iran conflict. Stocks rose on Wednesday after a U.S. peace plan was announced, which Iran rejected. The Russell 2000 led gains, followed by the Nasdaq, Dow Jones, and S&P 500. Treasury yields fell as buyers returned to bonds amid eased fears of conflict. Oil prices dropped due to peace talks, while concerns about LNG shortages persist. Gold prices increased after a previous decline, reflecting broader market trends.
Read at 24/7 Wall St.
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