(Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.)
U.S. stock futures rose on Tuesday, after a day’s break for Memorial Day, following a higher close on Friday.
The U.S. carried out “defensive strikes” in southern Iran after President Donald Trump said negotiations are “proceeding nicely.” U.S. Central Command said American forces launched strikes targeting Iranian missile launch sites and boats allegedly attempting to place mines near key waterways.
Meanwhile, the 10-year Treasury bond yielded 4.51%, and the two-year bond was at 4.06%. The CME Group’s FedWatch tool‘s projections show markets pricing a 98.1% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
| Index | Performance (+/-) |
| Dow Jones | 0.51% |
| S&P 500 | 0.52% |
| Nasdaq 100 | 0.73% |
| Russell 2000 | 0.97% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Tuesday. The SPY was up 0.68% at $750.70, while the QQQ was higher by 1.08% to $725.26.
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