The S&P 500 Index ($SPX) (SPY) today is down -0.04%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.42%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.19%. June E-mini S&P futures (ESM26) are down -0.05%, and June E-mini Nasdaq futures (NQM26) are up +0.15%.
Stock index futures gave up overnight gains and are trading mixed amid heightened tensions in the Strait of Hormuz. WTI crude oil prices erased overnight losses and are up slightly on an unverified report that two missiles hit an American patrol boat after disregarding an Iranian warning to not enter the Strait of Hormuz. However, stocks recovered, and crude prices fell from their best level after Axios reported that a senior US official said that Iranian missiles did not hit a US ship.
