Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Rise After Trump Rules Out Iran Strike — ITUB, NON, CLS in Focus (UPDATED)
Key takeaways
- Geopolitical easing and a high chance of a rate hold helped lift U.S. futures, with tech ETFs gaining and Brazilian banking stocks falling sharply.
Fed
The Federal Reserve — the US central bank that influences interest rates and money conditions.
- 10‑year Treasury yield 4.99%
- 2‑year Treasury yield 4.69%
- FedWatch 90.6% chance of rate hold
What happened
U.S. stock futures climbed after President Donald Trump said the U.S. would not launch an immediate strike on Iran, easing geopolitical tension. The Dow Jones, S&P 500, and Nasdaq 100 futures all rose in the early session. Treasury yields were 4.99% for the 10‑year and 4.69% for the 2‑year, while the FedWatch tool priced a 90.6% chance the Federal Reserve will keep rates unchanged after its October meeting. The SPY, QQQ, and DIA ETFs tracking the major indices were higher pre‑market, with the…
Why it matters
The Trump comment removed a potential flashpoint that could have spooked markets, supporting a modest rebound in futures. Treasury yields near 5% and the high probability of a rate hold suggest short‑term borrowing costs remain stable, which can keep equity valuations from tightening. The pre‑market moves in the SPY,…
Short-term and longer-term
Short-term. For the next day or two, watch the FedWatch probability and Treasury yields; a shift toward a rate hike could dent the tech rally.
Longer-term. Over the coming months, the steady rate outlook supports a broader equity case, especially in technology and industrials.
Words on this card
- FedWatch
- A tool that estimates the probability of the Federal Reserve changing interest rates.
- Treasury yield
- The return investors earn on U.S. government bonds.
- ETF Learn
- An exchange‑traded fund that tracks a market index.
- Geopolitical risk
- Potential political events that could affect markets.
- Rate hold
- The Federal Reserve keeping interest rates unchanged.
- Fed Learn
- The Federal Reserve — the US central bank that influences interest rates and money conditions.