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The Economic Times
The Economic Times
National

US Stock Market on Wednesday: S&P 500, Dow Jones, Nasdaq set for crucial test amidst Iran, Strait of Hormuz deadlock

S&P futures, Dow Futures and Nasdaq futures were up in the pre-market ahead of Wednesday's regular trading hours for the U.S Stock Market. Good sign is that the most big U.S. companies have been reporting both profit and revenue for the start of 2026 above what analysts expected. The strong performances have helped vault U.S. stocks to records, even with all the uncertainty around oil prices and the war with Iran.

Stock markets in much of the rest of the world pulled back from their gains the day before, as fighting continued in the region and the U.S. military said it carried out “self-defense” strikes in southern Iran, including on missile launch sites and boats placing mines. Markets have rallied in the past on hopes for a coming end to the war with Iran, only to see the conflict drag on.

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