00:08all right s&p futures under significant pressure here for the last day of the trading week
00:14as a reminder the market is closed in observance of good friday tomorrow so today is our last
00:20trading day uh s&p futures down 1.63 percent dow futures down 1.45 percent and the nasdaq leading
00:28the way lower minus 2.07 percent now um let's go ahead and take a look at some cues from
00:36last
00:36session here we go communication services industrials and material sectors led the
00:45advance on wednesday whereas financials consumer staples and energy stocks were the only laggards
00:53go back up here all right uh u.s stocks dropped on thursday which is the last trading day of
01:00the
01:00week as the market will be closed for good friday futures of the major benchmark indices were lower
01:05after president trump's address to update the ongoing u.s israel war with iran trump's address
01:11skipped words like ceasefire or de-escalation as he reiterated the points he made in his last two
01:17social media posts over the last two weeks he threatened to hit iran's electric plants and
01:23warned of relentless military strikes on iran for another quote two to three weeks and quote that
01:29triggered in advance in crude oil prices also the spread between brent and wti very tight
01:35economist peter schiff noted a broad market sell-off across stocks bonds and cryptocurrency
01:41as the president re-escalated the war with iran pointing out the stark contrast between the
01:47extended military action and the president's claims of a historic victory meanwhile the 10-year treasury
01:53bond yielded 4.37 percent and the two-year bond was at 3.84 percent the cme group's fed watch
02:00tool
02:00projections show markets pricing in a 97.4 percent likelihood of the federal reserve leaving the
02:05current interest rates unchanged in the april meeting now we have several stocks in focus here
02:13for you today and the first one here is going to be micron all right so micron technology ticker mu
02:19dropped 4.3 percent in the pre-market on thursday following wednesday's rally as it announced the
02:25expiration of the cash tender offers for all for any and all excuse me certain outstanding senior notes
02:32the next stock on our list is international business machines or ibm which declined by 0.22 percent
02:39and also arm holdings ticker arm which fell 3.11 percent despite both companies announcing a
02:46partnership to develop dual architecture hardware the next stock on our list here is going to oops
02:54excuse me is going to be lockheed martin and lockheed martin is ticker lmt and it was up 0.41
02:59percent
03:00after its orion spacecraft launched four astronauts on nasa's historic artemis 2 moon mission the first
03:07time in 53 years the next stock on our list is going to be general motors and the ticker on
03:12this
03:13one is gm it was 1.71 percent lower after it said it plans to invest 150 million in the
03:19saginaw plant
03:20for next gen v8 engines that gets me excited there the last stock on our list is going to be
03:27target
03:27hospitality ticker is th and it tumbled 0.079 percent despite securing a 550 million dollar data center
03:36contract in texas raising its preliminary fiscal year 26 sales guidance
03:48the next stock on our list is going to be the latest stock
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