Dow futures rise amid Middle-East tensions: Stock market news today

Stocks pointed to a mostly higher open on Monday, as investors tracked US efforts to contain the Israel-Hamas conflict and got ready for a busy week of corporate earnings.

Futures on the Dow Jones Industrial Average (^DJI) rose roughly 0.4%, or 120 points, while S&P 500 (^GSPC) futures added about 0.2%. But futures on the tech-heavy Nasdaq 100 (^NDX) fluctuated around the flatline.

Earnings season picks up steam this week, with reports from Goldman Sachs (GS) and Bank of America (BAC) due Tuesday after upbeat results from their Wall Street peers. Updates from Tesla (TSLA) and Netflix (NFLX) kick off tech earnings on Wednesday, likely to be scrutinized for clues to the sector’s resilience amid higher-for-longer interest rates.

Alongside JPMorgan’s results on Friday, CEO Jamie Dimon said this may be “the most dangerous time the world has seen in decades”, a warning that is still resonating days later.

Investors remain focused on the Middle East crisis — and right now, on whether the US and its allies can stop the clash from drawing in other countries, especially Iran. A full-blown regional conflict could send oil prices surging well above $100 a barrel, risking a global recession, some analysts believe.

Crude oil futures (CL=F) and Brent crude futures (BZ=F) traded in a tight range on Monday around $88 and $91 a barrel respectively, after climbing almost 6% on Friday.

But prices for gold and bonds fell, attracting those seeking safe havens. The 10-year Treasury yield (^TNX) rose to 4.69%, recouping some of its losses from last week.

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Dow futures rise with Middle East tensions in focus

US stock futures were mixed, with tech stocks lagging, as investors watched for signs of escalation in the Israel-Hamas conflict with a busy week of earnings ahead.

Futures on the Dow Jones Industrial Average (^DJI) were up 0.40%, or 135 points, while S&P 500 (^GSPC) futures rose 0.28%. Contracts on the tech-heavy Nasdaq 100 (^NDX) wavered around the flatline.