U.S. stock futures were higher on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close.
U.S. Central Command, or CENTCOM, initiated airstrikes against targets in Iran on Wednesday evening following attempted Iranian attacks on U.S. personnel in the Middle East. U.S. Central Command described the action on X, stating, “The strikes are a powerful response to yesterday’s attempted Iranian attacks on U.S. forces based in the Middle East.”
Investors digested the Federal Reserve‘s decision to leave interest rates unchanged, which came alongside a rare dissent from three FOMC members who voted in favor of a rate hike as inflation persists above the Fed’s 2% target.
Meanwhile, the 10-year Treasury bond yielded 4.69%, and the two-year bond was at 4.27%. The CME Group’s FedWatch tool’s projections show markets pricing a 65.2% likelihood of the Federal Reserve hiking the current interest rates during its September meeting.
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 Thursday. The SPY was up 0.32% at $731.78, while the QQQ advanced by 0.52% to $665.18.
