The S&P 500 Index ($SPX) (SPY) today is up +0.43%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.60%. September E-mini S&P futures (ESU25) are up +0.50%, and September E-mini Nasdaq futures (NQU25) are up +0.70%.
Stock indexes today are moving higher on speculation that Iran’s response to the US bombing of its nuclear sites is unlikely to significantly disrupt oil supplies from the Middle East. WTI crude oil prices gave up early gains and dropped into negative territory, falling back from an overnight surge of more than +6% in the initial reaction to the US strike on Iran’s nuclear facilities.
