US Stock Futures Mixed Amid Middle East Tensions
Investors remain cautious as the U.S. and Iran standoff continues to impact oil routes. GameStop proposed a 56 billion dollar acquisition of eBay on Monday.
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United States stock futures traded mixed overnight on May 4 as Dow E-minis fell 0.2% while S&P 500 E-minis rose 0.07% and Nasdaq 100 futures rose 0.22%. Elevated risks in Iran over the closed Strait of Hormuz shipping route offset strong corporate earnings. Investors are weighing a three-month conflict that keeps West Texas Oil prices high and continues to weigh on the global economy.
