Stock Market Today: S&P 500, Nasdaq 100, Dow Jones Futures Fall as US-Iran Tensions Flare Up—WMT, RZLV, FNGR in Focus (UPDATED)
Key takeaways
- Geopolitical tension and hawkish Fed signals are weighing on markets, while upcoming data and earnings could further test risk appetite.
- 10‑year Treasury yield 4.71%
- 2‑year Treasury yield 4.31%
- FedWatch September hike probability 61.9%
What happened
U.S. stock futures slipped as the Dow, S&P 500 and Nasdaq 100 fell after Friday’s lower close, driven by heightened U.S.–Iran tensions and President Trump’s trade comments. The market is also braced for key economic data this week, including August employment figures, and a busy earnings lineup featuring AI and cybersecurity names.
Why it matters
Geopolitical jitters and trade rhetoric add risk‑premium pressure, while the upcoming employment report and earnings releases could shift sentiment further. The Fed’s hawkish tone and rising Treasury yields suggest tighter monetary conditions may loom, impacting equity valuations.
Short-term and longer-term
Short-term. Day traders should watch the 10‑year Treasury yield near 4.71% and the FedWatch probability of a September hike.
Longer-term. Over the next few weeks, investors should monitor how the Fed’s hawkish stance and rising yields affect valuation multiples, especially for growth names like AI and cybersecurity.