Dow Jones Industrial Average futures edged higher on Friday morning, buoyed by defense and energy heavyweights, while Nasdaq futures slipped as investors priced in the inflationary risks of a potential Middle East conflict amid intensifying unrest in Iran.
The divergence comes as the Iranian regime faces its most severe existential threat in decades, with crude oil prices climbing on fears of supply disruptions.
Futures
Change (+/-)
Dow Jones
0.01%
S&P 500
-0.01%
Nasdaq 100
-0.03%
Russell 2000
0.05%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, closed lower on Thursday. The SPY was down …Full story available on Benzinga.com
