[MARKET UPDATE] Equity futures are pulling back, with some traders citing potential geopolitical escalations (Iran), and the potential that the SCOTUS updates on tariffs today; we also have a massive amount of US data in the premarket (including PCE/GDP)
Equity futures are pulling back in part due to worries regarding potential escalations in geopolitical tensions, particularly with Iran, which may impact market sentiment.
German Chancellor Merz says we are open to a new partnership with the US but we know we must shape our own fate
CK Hutchison (0001 HK) says it has requested the Panamanian Government to enter negotiations regarding the Co.'s continued operations of ports at both ends of the Panama canal
[MARKET UPDATE] Equity futures are pulling back, with some traders citing potential geopolitical escalations (Iran), and the potential that the SCOTUS updates on tariffs today; we also have a massive amount of US data in the premarket (including PCE/GDP)
EU diplomats says envoys have failed to agree on the 20th sanctions package against Russia
An Iranian Air Force plane has reportedly been involved in an accident during an training exercise in Iran's Hamedan Province, Tehran Times reports
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Additionally, anticipation surrounding SCOTUS updates on tariffs combined with the influx of significant US data, including PCE and GDP, is creating uncertainty ahead of the market open. This combination of factors may lead to volatility as traders assess both the geopolitical landscape and economic fundamentals.
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