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

Stocks opened higher on Monday as investors eyed U.S. efforts to contain the Israel-Hamas conflict and braced for a busy week in corporate earnings.

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

Earnings will pick up this week, with reports coming Tuesday after upbeat results from Wall Street peers Goldman Sachs ( GS ) and Bank of America ( PAC ). Updates from Tesla ( TSLA ) and Netflix ( NFLX ) to start tech earnings on Wednesday could be scrutinized for clues to the sector’s resilience amid higher long-term interest rates.

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Along with JP Morgan’s results on Friday, CEO Jamie Dimon called it “the most dangerous time the world has seen in decades,” a sentiment that echoed days later.

Investors are focusing on the Middle East crisis — now whether the U.S. and its allies can stop the conflict in other countries, especially Iran. Some analysts believe that an all-out regional conflict could push oil prices above $100 a barrel, risking a global recession.

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

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

  • Dow futures rise on Middle East tensions

    U.S. stock futures were mixed, with tech stocks lagging as investors awaited signs of an escalation in the Israel-Hamas conflict.

    Dow Jones Industrial Average (^DJI) futures were up 0.40% or 135 points, while S&P 500 (^GSPC) futures were up 0.28%. Tech-based Nasdaq 100 (^NDX) contracts hovered around the flatline.

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