US futures slide as rising yields and Iran tensions weigh on markets
Investors digest geopolitical shifts, Nvidia earnings anticipation, and corporate results from Blackstone, Google, and Home Depot.
US stock futures declined on Tuesday, with the Nasdaq 100 down 0.8%, the S&P 500 down 0.4%, and the Dow Jones Industrial Average down 0.2%. The downturn was driven by rising Treasury yields, with the benchmark 10-year yield climbing above 4.6%, and persistent inflation concerns. Geopolitical tensions played a significant role, specifically blockades in the Strait of Hormuz that had previously spurred oil prices. However, markets reacted to President Trump’s announcement that he halted a planned military strike on Iran following appeals from Gulf allies, which led to a fall in oil prices, with West Texas Intermediate dropping below $103 a barrel. Investors are also awaiting Nvidia’s earnings, viewed as a bellwether for the AI trade. In corporate news, Blackstone and Google announced a new AI computing venture, while Home Depot reported earnings that beat expectations but saw same-store sales growth miss forecasts. Asian markets showed mixed performance, with South Korea’s Kospi falling over 3% and Australia’s S&P/ASX 200 rising 0.9%.
The benchmark 10-year Treasury yield climbed above 4.6%, pressured by blockades in the Strait of Hormuz that have spurred oil prices. Markets are awaiting Nvidia’s earnings and weighing President Trump’s announcement that he has halted a planned military strike on Iran following appeals from Gulf allies. In corporate news, Blackstone and Google announced a new AI computing venture, while Home Depot reported earnings that beat expectations but saw same-store sales growth miss forecasts. Asian markets were mixed, with South Korea’s Kospi falling over 3% and Australia’s S&P/ASX 200 rising 0.9%.
The benchmark 10-year Treasury yield climbed above 4.6%, pressured by blockades in the Strait of Hormuz that have spurred oil prices. Markets are awaiting Nvidia’s earnings and weighing President Trump’s announcement that he has halted a planned military strike on Iran following appeals from Gulf allies. In corporate news, Blackstone and Google announced a new AI computing venture, while Home Depot reported earnings that beat expectations but saw same-store sales growth miss forecasts. Asian markets were mixed, with South Korea’s Kospi falling over 3% and Australia’s S&P/ASX 200 rising 0.9%.
The benchmark 10-year Treasury yield climbed above 4.6%, pressured by blockades in the Strait of Hormuz that have spurred oil prices. Markets are awaiting Nvidia’s earnings and weighing President Trump’s announcement that he has halted a planned military strike on Iran following appeals from Gulf allies. In corporate news, Blackstone and Google announced a new AI computing venture, while Home Depot reported earnings that beat expectations but saw same-store sales growth miss forecasts. Asian markets were mixed, with South Korea’s Kospi falling over 3% and Australia’s S&P/ASX 200 rising 0.9%.
The benchmark 10-year Treasury yield climbed above 4.6%, pressured by blockades in the Strait of Hormuz that have spurred oil prices. Markets are awaiting Nvidia’s earnings and weighing President Trump’s announcement that he has halted a planned military strike on Iran following appeals from Gulf allies. In corporate news, Blackstone and Google announced a new AI computing venture, while Home Depot reported earnings that beat expectations but saw same-store sales growth miss forecasts. Asian markets were mixed, with South Korea’s Kospi falling over 3% and Australia’s S&P/ASX 200 rising 0.9%.
The benchmark 10-year Treasury yield climbed above 4.6%, pressured by blockades in the Strait of Hormuz that have spurred oil prices. Markets are awaiting Nvidia’s earnings and weighing President Trump’s announcement that he has halted a planned military strike on Iran following appeals from Gulf allies. In corporate news, Blackstone and Google announced a new AI computing venture, while Home Depot reported earnings that beat expectations but saw same-store sales growth miss forecasts. Asian markets were mixed, with South Korea’s Kospi falling over 3% and Australia’s S&P/ASX 200 rising 0.9%.
The benchmark 10-year Treasury yield climbed above 4.6%, pressured by blockades in the Strait of Hormuz that have spurred oil prices. Markets are awaiting Nvidia’s earnings and weighing President Trump’s announcement that he has halted a planned military strike on Iran following appeals from Gulf allies. In corporate news, Blackstone and Google announced a new AI computing venture, while Home Depot reported earnings that beat expectations but saw same-store sales growth miss forecasts. Asian markets were mixed, with South Korea’s Kospi falling over 3% and Australia’s S&P/ASX 200 rising 0.9%.
