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  • 5 weeks ago
U.S. stock futures were lower on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Wednesday’s higher close.

Macroeconomic indicators offered a reassuring backdrop on Thursday, as initial jobless claims fell by 6,000 to a seasonally adjusted 206,000 for the week ending Aug. 15, while the Philadelphia Fed’s general business activity index rose 6 points to a five-year high of 47.4 in August.

President Donald Trump announced a harsh economic offensive against Iran dubbed "Operation Economic Fury," threatening severe consequences for any nation offering Tehran financial support. The aggressive stance and tightening U.S. naval grip around the Strait of Hormuz escalated Middle East geopolitical tensions, driving Brent crude higher toward $92 a barrel.

"Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread," Trump said in a post on Truth Social, calling the effort an "economic D-Day."

Meanwhile, the 10-year Treasury bond yielded 4.66%, and the two-year bond was at 4.17%. The CME Group’s FedWatch tool projections show markets pricing in a 32.8% likelihood of the Federal Reserve hiking the current interest rates during its September meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Thursday. The SPY was down 0.56% at $764.76, while the QQQ declined by 0.85% to $710.02.

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00:08all right futures under pressure ahead of thursday's open and it is getting worse by the
00:14second it looks like here s p futures down 0.42 and at the lows of the morning dow futures
00:19down
00:190.64 also at the lows of the morning and the nasdaq down 0.65 also at its lows we
00:28also have
00:29oil ticking up today so oil is up by 3.4 on the back of the uh economic warfare going
00:36on in the
00:37middle east now um let's take a look at some cues from last session as well as what we can
00:43expect
00:44here today uh healthcare consumer discretionary and materials led s p 500 gains on wednesday while
00:52industrials and information technology fell yet u.s stocks settled higher overall as the dow jones
00:57added 100 points after the treasury doubled long-dated debt buybacks pulling yields off 20
01:03month highs u.s stock futures were lower on thursday as the dow s p and nasdaq indices all fell
01:09following
01:10wednesday's higher close president trump announced a harsh economic offensive against iran dubbed
01:17operation economic fury threatening severe consequences for any nation offering tehran
01:23financial support the aggressive stance and tightening u.s naval grip around the strait of
01:28hormuz escalated middle east geopolitical tensions and that drove brent crude higher towards 92 a barrel
01:34president trump said quote their navy is gone their air force is destroyed their military factories are
01:41now rubble and their currency is worthless and their country is hanging by a thread end quote
01:46trump had said that in a truth social post calling the effort economic d-day meanwhile the 10-year
01:53treasury bond yielded 4.66 percent and the two-year bond was at 4.17 percent the cme group's fed
02:00watch
02:00tool projections show the market's pricing in a 32.8 percent likelihood that the federal reserve hikes
02:05the current interest rates during the september meeting now we've got several oops sorry about that
02:11we've got several stocks in focus here for you today uh the first one here is actually going to
02:16be cody this is uh c-o-t-y cody fells 5.61 percent after posting mixed results for the
02:24fourth quarter
02:24after wednesday's closing bell it reported quarterly losses of two cents per share which missed the consensus
02:30estimate of a loss of one cent per share the next stock on our list is going to be nordson
02:36if my page can
02:37hold the spot there nordson ticker ndsn it jumped 7.16 percent after reporting better than expected
02:44third quarter financial results and raising its fiscal year 2026 guidance the next stock on our
02:50list is going to be weeble ticker b-u-l-l and it surged 14.35 percent higher after reporting
02:56second
02:57quarter revenue of 198.83 million that was up 51 percent year over year and above the 181.26 million
03:04estimate will adjusted eps of five cents beat the expectations of three cents the next stock on
03:11our list is going to be moderna and a continuation from yesterday the ticker is mrna and it corrected
03:16by 11.57 percent after 176.97 percent rally on wednesday after its personalized mrna cancer vaccine
03:26with merck ticker mrk succeeded in a phase three melanoma trial marking the first phase three win for
03:34an mrna based cancer treatment the last stock on our list is going to be walmart which reported
03:42earnings here this morning it was 0.07 percent higher as it was getting ready to report earnings
03:47before the opening bell analysts were expecting 74 cents per share on revenue of 186.83 billion
03:54now since then walmart earnings are out and they posted a q2 adjusted eps of 81 cents which beat the
04:0074
04:01percent estimate and sales came in at 187.937 billion which beat the 186.94 billion estimate walmart
04:09raised its guidance as well but the stock is off by six percent
04:13you
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