Dow Jones Futures: Iran Launches Drone Attack At Israel; Bitcoin Tumbles In Initial Reaction
From Investor’s Business Daily: 2024-04-13 18:44:41
Iran launched dozens of drones at Israel, potentially escalating tensions. Bitcoin price plunged on the news but later recovered. Stock market rally struggled due to Mideast fears and inflation concerns. Tesla cut Full Self-Driving subscription price. Salesforce in talks to buy Informatica. Major earnings reports from Goldman Sachs and Charles Schwab ahead. ASML and Taiwan Semi earnings expected to impact chip sector. Volatility index spiked amid fears of Iran-Israel conflict. Various ETFs experienced declines as market sentiment remains uncertain. ASML and Taiwan Semi earnings reports may provide insight into chip industry’s future. Nvidia, Broadcom, and other chip stocks are closely monitored. Trading in Dow Jones futures, S&P 500 futures, and Nasdaq futures set to open Sunday evening. Market volatility expected to continue as investors cautiously watch geopolitical developments and economic data.
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