September S&P 500 E-Mini futures (ESU26) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.14% this morning, finding some relief at the end of a wild week as oil prices and bond yields retreated.
The price of WTI crude fell more than -3% on Friday, but ongoing tensions between the U.S. and Iran suggest that energy prices will remain elevated. U.S. Central Command said in a post on X that American forces completed the 13th straight night of strikes against Iran. President Donald Trump told Axios in an interview that he is considering a “massive attack” on Iran to pressure the country into negotiating a peace deal.