Updated
Updated · Bloomberg · Jun 11
S&P 500 Futures Rise 0.7% as US Strikes on Iran End Swiftly
Updated
Updated · Bloomberg · Jun 11

S&P 500 Futures Rise 0.7% as US Strikes on Iran End Swiftly

3 articles · Updated · Bloomberg · Jun 11

Summary

  • S&P 500 futures climbed 0.7% by 7:47 a.m. in New York after the latest US strikes against Iran came to a swift end.
  • The move pointed to easing geopolitical anxiety before the opening bell, with traders also tracking premarket movers including chipmakers, Dana, Eaton, Intel and Oracle.
  • Earlier in the day, US equity futures had already been higher after inflation data cooled fears of further Federal Reserve rate hikes, adding a second tailwind for risk assets.

Insights

With the Strait of Hormuz still shuttered, is the market ignoring the risk of a $200 oil shock?
Can AI's promised productivity boom justify rate cuts while a major energy crisis still looms?
If official inflation data is flawed, how can the Federal Reserve confidently guide the US economy?