Stock Market Today: S&P 500, Nasdaq 100, Dow Jones Futures Gains as Iran Prolongs US Talks Ahead of Midterms— NFLX, SPCX, SMCI in Focus (UPDATED)
Key takeaways
- Geopolitical tension keeps markets wary, but SpaceX’s earnings and Super Micro’s higher outlook lift tech sentiment.
- 10‑year Treasury yield 5.12%
- 2‑year Treasury yield 4.79%
- SPY 770.67
What happened
U.S. stock futures rose on Wednesday as the Dow Jones, S&P 500 and Nasdaq 100 climbed after a mixed close the day before. Iran said it would keep talks with the U.S. stalled until its demands were met, adding that no enriched uranium would be removed. In earnings, SpaceX beat estimates with $0.35 EPS on $14.57 billion revenue, Super Micro lifted its Q1 revenue outlook to $18.5‑$19.5 billion, and Netflix (NFLX) posted mixed results with $0.87 EPS on $12.87 billion revenue.
Why it matters
The futures lift signals short‑term optimism amid geopolitical tension, while Iran’s hardline stance could keep regional volatility high. SpaceX’s earnings beat and revenue jump support its valuation, whereas Super Micro’s higher outlook boosts its growth narrative. Netflix’s mixed numbers temper enthusiasm for its…
Short-term and longer-term
Short-term. Over the next few days, watch how the Nasdaq 100 reacts to SpaceX’s earnings beat; a 0.58% pre‑market jump suggests momentum could continue.
Longer-term. For the coming months, SpaceX’s strong earnings and revenue growth support its long‑term valuation, while Super Micro’s upgraded guidance indicates expanding demand for high‑performance computing.