00:00U.S. stock futures traded higher on Tuesday, with futures tied to the Dow Jones, S&P 500,
00:05and NASDAQ 100, pointing to gains after the major averages closed higher on Monday.
00:09Iran's economic crisis escalated as Oil Minister Mohsen Pakhnajad resigned amid allegations
00:14involving $2 billion in missing oil revenue, while the Iranian Rial hit record lows under
00:18heavy U.S. sanctions and a naval blockade. Treasury Secretary Scott Besant reaffirmed
00:22that the U.S. pressure campaign will continue until Tehran stops financing terrorism and
00:27halts its nuclear ambitions. Furthermore, President Donald Trump blamed rising U.S. gas prices
00:31on Ukrainian attacks on Russian refineries and Democratic-led refinery closures, while political
00:36activist Garry Kasparov countered that prices actually spiked following U.S. actions against
00:40Iran. The debate comes as national average fuel prices continue to climb alongside severe disruptions
00:45to global energy supply chains. Meanwhile, the 10-year Treasury bond yielded 5.28 percent,
00:50and the two-year Treasury bond yielded 4.81 percent at the last check. The CME Group's
00:55FedWatch tool projections show markets pricing in a 21.6 percent likelihood of the Federal
01:00Reserve hiking interest rates at its October meeting. The Spider S&P 500 ETF Trust and Invesco
01:05QQQ Trust ETF, which tracked the S&P 500 Index and NASDAQ 100 Index respectively, were higher in
01:12pre-market on Tuesday. The SPY rose by 0.24 percent at $776.67, while the QQQ advanced 0.23
01:20percent to
01:21$757.95. Stocks in focus for today are Option Care Health surged 21.31 percent in pre-market
01:28on Tuesday, following reports suggesting McKesson and Clayton Dubillier and Rice are nearing a deal
01:33to acquire the company. Evolution Metals and Technologies rose 2.19 percent in Tuesday pre-market
01:39after it filed a prospectus to offer and sell up to 5,400,000 shares of common stock by selling
01:45shareholders. Armada Acquisition 2 plunged 34 percent in Tuesday pre-market after it recently
01:50announced its shareholders approved the proposed business combination with Evernorth Holdings.
01:54Vaxite dropped 3.82 percent in Tuesday pre-market after it jumped over 30 percent on Monday,
02:00following the company's announcement of top-line results from the Opus 1 Pivotal Adult Phase 3 trial.
02:04Constellation Brands advanced 0.13 percent in the pre-market session, as analysts expect the
02:09company to report quarterly earnings of $3.57 per share on revenue of $2.54 billion after the closing bill.
