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  • 7 weeks ago
U.S. stock futures were mixed on Friday, as the Dow Jones and S&P 500 indices advanced while the Nasdaq 100 index fell, following Thursday's higher close.

U.S. Treasury Secretary Scott Bessent intensified his “economic D-Day” pressure campaign, accusing Iran’s “corrupt regime” of funding overseas terror while domestic economic conditions deteriorate. Driven by the expanding financial offensive, the Iranian rial collapsed to a record low of approximately 1.37 million per dollar as August oil loadings plummeted to 248,000 barrels daily.

Investors will keep an eye on Federal Reserve Chairman Kevin Warsh as he addresses an audience of international economists and central bankers at Jackson Hole. Global markets will closely monitor his remarks for further details regarding the economy, recent bond market volatility, and emerging risks to the U.S. and global outlooks.

Meanwhile, the 10-year Treasury bond yielded 4.67%, and the two-year bond was at 4.23%. The CME Group’s FedWatch tool projections show markets pricing a 33.7% 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 lower in premarket on Friday. The SPY was down 0.019% at $770.95, while the QQQ declined by 0.31% to $718.87.

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00:07all right we got a little bit of a mixed bag here ahead of friday's open and the warsh presser
00:13s&p futures are right at unchanged actually they just ticked into the green they are up by 0.02
00:21so uh s&p about unchanged but bias seems to be to the green side at least prior to the
00:28open we'll
00:28see if that changes the dow is higher by one tenth of a percent so up 0.1 percent a
00:34point yes 0.1
00:35excuse me and the nasdaq is actually down a quarter of a percent minus 0.25 now the nasdaq uh
00:42it's kind
00:43of trading sideways here but as of right now it is trying to move up off the pre-market low
00:51so we'll
00:51see if that uh carries here into the open and then maybe into the regular session but otherwise a
00:57mixed market here oil is about uh down a little bit down 0.77 percent and the bitcoin futures are
01:04down slightly they're holding here just shy of 80 000 at 79 975 975 all right let's take a look
01:15at
01:15some cues from last session as well as what we have on deck for you here today of course as
01:20always we've
01:21got some stocks in focus here for you and we have some insights from analysts as well information
01:26technology led thursday's advance among s&p 500 sectors while health care consumer staples and
01:32consumer discretionary shares recorded the deepest losses during the session u.s stock futures were
01:37mixed on friday as the dow jones advanced while the s&p and nasdaq fell following thursday's higher
01:42close s&p is trying to push into green u.s treasury secretary scott besant intensified his economic
01:49d-day pressure campaign accusing iran's corrupt regime of funding overseas terror while domestic
01:55economic conditions deteriorate driven by the expanding financial offensive the iranian uh ryle
02:02collapsed to a record low of approximately 1.3 million per dollar as august oil loadings plummeted
02:09to 240 000 248 000 barrels per day i beg your pardon investors will keep an eye on the federal
02:16reserve
02:16chairman kevin warsh as he addresses an audience of international economists and central bankers at
02:22jackson hole global markets will closely monitor his remarks for further details regarding the economy
02:27recent bond market volatility and emerging risks to the u.s and global outlooks meanwhile the 10-year
02:34treasury bond yielded 4.67 percent and the two-year bond was at 4.23 percent the cme group's fed
02:40watch
02:41tool projections show the markets pricing a 33.7 percent likelihood of the federal reserve hiking the
02:46current interest rates during its september meeting now again we've got several stocks in focus here
02:52for you today and the big one at least i think is going to be marvell technology the ticker is
02:57mrvl
02:58and it tumbled 8.93 percent despite reporting better than expected financial results for the second
03:03quarter management guided third quarter non-gap gross margins to 57.5 to 58.5 percent representing a
03:10sequential drop from the second quarter's 58.9 percent paypal is the next stock on our list the
03:17ticker on this one is pypl and it tumbled 14.58 percent following reports that a consortium led by
03:24stripe and advent international has abandoned its 53 billion dollar takeover pursuit the next stock on
03:32our list is going to be ulta beauty the ticker is ulta it also declined 3.19 percent despite posting
03:39upbeat results for the second quarter and raising its fiscal year 2026 guidance the next stock on
03:46our list is going to be gap the ticker is gap and it advanced by 14.86 percent after reporting
03:51better
03:51than expected second quarter earnings and raising its fiscal year 26 eps guide above estimates
03:58iren is the last stock on our list the ticker is iren and it slumped 7.72 percent as it
04:05posted
04:05fourth quarter results after thursday's closing bell in which it missed the consensus revenue and estimate
04:11for the quarter

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