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  • 3 weeks ago
U.S. stock futures fell sharply on Monday following Friday’s losses. Futures of the major benchmark indices were negative amid the ongoing Iran-U.S. conflict.

Over the weekend, the 86-year-old Iranian Supreme Leader Ayatollah Ali Khamenei was killed in the strikes carried out by Israel and the U.S. Meanwhile, President Donald Trump suggested that the current U.S. and Israel’s military strikes against Iran, also called “Operation Epic Furry,” could persist for "four to five weeks," if necessary.

According to Polymarket, the chances of the index opening higher on March 2 crashed to a mere 10% chance, a 40% drop from previous levels, as over $1.07 million in volume poured into the contract.

Meanwhile, the 10-year Treasury bond yielded 3.97%, and the two-year bond was at 3.42%. The CME Group's FedWatch tool‘s projections show markets pricing a 95.4% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Friday. The SPY was down 0.93% at $679.64, while the QQQ declined 1.30% to $599.41.

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00:07all right futures lower ahead of the open on monday here with the conflict breaking out in
00:13the middle east s p futures down 1.10 dow futures down 1.07 and the nasdaq leading the way
00:21lower at
00:21minus 1.46 let's go ahead and take a look at some cues from last session here consumer staples
00:29health care and energy stocks were the s p 500 gainers on friday when information technology
00:36and financials finished lower u.s stock futures fell sharply on monday following friday's losses
00:45futures of the major benchmark indices were negative amid the ongoing iran u.s conflict
00:51over the weekend the 86 year old iranian supreme leader ayatollah ali khamenei was killed in the
00:57strikes carried out by israel and the u.s meanwhile president trump suggested that the current u.s and
01:03israel's military strikes against iran also called operation epic fury could persist for four to five
01:10weeks if necessary according to polymarket the chances of the indexes opening higher on march 2nd
01:17crashed to a mere 10 chance a 40 drop from previous levels as over 1.07 million in volume poured
01:26into
01:26the contract we are definitely going to open in the red here the only question i have left is where
01:32do
01:32we close here today meanwhile the 10-year treasury bond yielded 3.97 percent dipped under four for the
01:39first time in some time the two-year bond was at 3.42 percent and the cme group's fed watch
01:45tool
01:45projections are showing markets are still pricing in a 95 percent plus likelihood that the federal reserve
01:51leaves rates unchanged at the next meeting in march now we have several stocks for you here today and
01:58i indeed oil stocks defense stocks those are all going to be on the list but we have some others
02:04here
02:04tied to some specific news the first one is going to be amtd digital and the ticker for this one
02:11is
02:11hkd it surged 20 percent in the pre-market on monday after a reported a year over year increase in
02:18full
02:18year 25 revenue results really quickly it reported revenue up 565.7 percent year over year it went from
02:2720.4 million to 136.1 million so that stock obviously uh surging here in the pre-market we'll
02:35see if it holds we've traded this one before it's kind of all over the board but that's what's going
02:40on
02:40here the next stock on our list is going to be aardvark therapeutics and the ticker on this one is
02:46aard this had a rough day plunged 53.56 percent after the company announced it voluntarily paused
02:56the phase three hunger elimination or reduction objective trial so uh 50 plus percent haircut for
03:04ticker aardvark the next stock on our list is going to be avalon globocare the ticker on this one is
03:11albt it tumbled 22.82 percent as it announced the closing of up to a 9.75 million dollar private
03:20placement priced at the market under nasdaq rules the next stock on our list is going to be lee bang
03:27international corporation and the ticker on this is lbgj it declined 24.85 percent after it announced a
03:37wholly owned subsidiary will acquire a 51 percent stake in food distributor yufang yuan
03:44the last stock on our list is going to be mongo database so we finally get a name from the
03:49tech
03:49world mongo database the ticker is mdb and it dropped 2.27 percent as analysts expect it to report
03:56earnings of 145 per share on revenue of 667.15 million that happens after the closing bell today
04:05you

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