financetom
Market
financetom
/
Market
/
US stock futures mixed as Middle East risks remain in focus
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US stock futures mixed as Middle East risks remain in focus
May 4, 2026 2:31 AM

May 4 (Reuters) - U.S. stock index futures were mixed on Monday, pointing to a cautious start to the week as investors assessed the growing U.S.-Iran standoff over the Strait of Hormuz, the crucial oil shipping route that remains shut.

While strong corporate earnings have given markets plenty to cheer in the recent weeks, the U.S.-Iran war remains a big overhang.

The conflict, now in its third month, has continued to weigh on the global economy as oil prices stay elevated and the risk of renewed hostilities persists.

"Markets can look through the fog of war if the fog is likely to lift within a reasonable amount of time," said Brian Jacobsen, chief economic strategist at Annex Wealth Management.

"The key is recognizing that what is happening is for now, not forever. That's easy to forget when you're living through the 'for now' part."

On Monday, Iran's military warned U.S. forces not to enter the Strait of Hormuz after President Donald Trump said the United States would help free ships stranded in the Gulf.

Iran is also reviewing the U.S. response to its latest offer for peace talks, after previous diplomatic efforts have failed to produce a breakthrough.

At 4:47 a.m. ET, Dow E-minis were down 101 points, or 0.2%, S&P 500 E-minis were up 5.25 points, or 0.07% and Nasdaq 100 E-minis rose 61.75 points, or 0.22%.

Meanwhile, Berkshire Hathaway reported on Saturday that it was a net seller of stocks for the 14th straight quarter.

The conglomerate, often viewed as a bellwether of the U.S. economy, is closely watched for its insight into valuations and broader market conditions.

Separately, shares of GameStop dipped 0.8% and eBay rose 8.3% in premarket trading after the video game retailer unveiled a proposal to buy eBay for about $56 billion in a cash-and-stock deal.

(Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Investor Sentiment Edges Lower, US Stocks Record Gains Last Quarter
Investor Sentiment Edges Lower, US Stocks Record Gains Last Quarter
Apr 1, 2024
The CNN Money Fear and Greed index showed a slight decline in overall market sentiment, but it remained in the Greed zone on Thursday. U.S. stocks closed mixed on Thursday, while the S&P 500 surged to a new all-time high and also recorded its best first-quarter performance in five years. For the quarter, the S&P 500 gained 10.2% to record...
Oxford Industries, PVH And 3 Stocks To Watch Heading Into Monday
Oxford Industries, PVH And 3 Stocks To Watch Heading Into Monday
Apr 1, 2024
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects PVH Corp. ( PVH ) to report quarterly earnings at $3.52 per share on revenue of $2.42 billion after the closing bell, according to data from Benzinga Pro. PVH shares gained 0.3% to $141.00...
Wall St Week Ahead-Investors eye Fed rate cut, earnings as key to sustaining market rally
Wall St Week Ahead-Investors eye Fed rate cut, earnings as key to sustaining market rally
Mar 31, 2024
NEW YORK, March 29 (Reuters) - After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers on an expected interest rate cut by June and turn their focus on the health of upcoming earnings. The S&P 500 ended the first quarter with...
US STOCKS-Futures rise as signs of softening inflation bolster rate cut hopes
US STOCKS-Futures rise as signs of softening inflation bolster rate cut hopes
Apr 1, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.28%, S&P 0.33%, Nasdaq 0.48% April 1 (Reuters) - U.S. stock index futures rose on Monday after the latest inflation print showed moderating consumer prices, bolstering hopes of an early interest rate cut by the Federal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved