U.S. stock-index futures on Wednesday pared overnight losses and were mostly edging higher in the aftermath of Iran\u2019s Islamic Revolutionary Guard Corps attacks that were an apparent retaliation for last week\u2019s killing of Maj. Gen. Qassem Soleimani.<\/p>\n
However, the Dow was being pressured lower after a Boeing Co. jet operated by Ukraine International Airlines crashed shortly after takeoff from Tehran on Wednesday.<\/p>\n
How are benchmarks performing?<\/h6>\n
Futures for the Dow Jones Industrial Average
On Tuesday<\/a>, the Dow
Read:<\/strong> What stock market investors need to know about intensifying U.S.-Iran tensions<\/a> <\/p>\n Mideast tensions ratcheted higher as Iran delivered what is being described as a measured response to the assassination last week of a top general. Iranian Supreme Leader Ayatollah Ali Khamenei vowed further retaliation for the U.S.\u2019s killing of Soleimani, hours after striking military bases in Iraq that house U.S. forces, but stopped short of threatening more military action, the Wall Street Journal reported. <\/p>\n Tehran\u2019s military response, firing more than a dozen missiles at U.S. military bases in Iraq at Al Asad and Erbil, briefly rattled financial markets in after-hours trade, but the moves in stocks, bonds, and commodities quickly moderated as investors reassessed the chances of a broader conflict.<\/p>\n Fears were tempered by tweets from Iran\u2019s foreign minister, Javad Zarif, who said via Twitter <\/a>that Iran didn\u2019t seek further escalation, but would \u201cdefend ourselves against any aggression.\u201d Meanwhile, President Donald Trump tweeted his own upbeat message: \u201cAll is well.\u201d He was expected to talk about the attacks later Wednesday morning.<\/p>\n Looking beyond geopolitics, investors are awaiting some key employment data ahead of more closely followed jobs report on Friday. A monthly private sector employment report from Automatic Data Processing Inc., is due at 8:30 a.m. Eastern Time, with the data expected to show that 157,000 jobs were created in December, according to analysts\u2019 consensus estimates from Econoday. <\/p>\n Shares of Boeing<\/strong>
Lennar Corp<\/strong>.\u2019s stock
Oil futures pared big gains overnight to face more muted trade. West Texas Intermediate crude for February delivery
Gold was trading slightly higher, around its highest level since 2013, amid the Middle East tensions. February gold
The yield on the 10-year U.S. Treasury note
The U.S. dollar was 0.1% higher at 97.15, versus a basket of six international currencies as measured by the ICE US Dollar index
In Asia overnight, the CSI 3000
In Europe, the FTSE 100
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\n were up 12 points, or less than 0.1%, at 28,538, those for the S&P 500 index
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\n ESH20, +0.27%<\/span><\/a><\/span>
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\n were up 7.45 points, or 0.2%, at 3,242.50, while Nasdaq-100 futures
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\n NQH20, +0.30%<\/span><\/a><\/span>
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\n advanced 21.25 points, or 0.2%, at 8,874.25. <\/p>\n
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\n DJIA, -0.42%<\/span><\/a><\/span>
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\n \u00a0shed 119.70 points, or 0.4%, at 28,583.6, while the S&P 500
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\n SPX, -0.28%<\/span><\/a><\/span>
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\n \u00a0lost 9.10 points, 0.3%, at 3,237.18. The Nasdaq Composite Index
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\n COMP, -0.03%<\/span><\/a><\/span>
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\n gave up 2.88 points, or less than 0.1%, at 9,068.58. <\/p>\nWhat\u2019s driving the market?<\/h6>\n
Which stocks were in focus?<\/h6>\n
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\n BA, +1.06%<\/span><\/a><\/span>
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\n LEN, -1.57%<\/span><\/a><\/span>
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\n rose in premarket trade on better-than-forecast results.<\/p>\nHow are other markets trading?<\/h6>\n
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\n CLG20, -1.42%<\/span><\/a><\/span>
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\n DXY, +0.21%<\/span><\/a><\/span>.
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\n \u00a0closed 1.1% lower, while Japan\u2019s Nikkei 225
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\n NIK, -1.57%<\/span><\/a><\/span>
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\n \u00a0lost 1.6%. Hong Kong\u2019s Hang Seng
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\n HSI, -0.83%<\/span><\/a><\/span>
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\n \u00a0shed 0.8%.<\/p>\n
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\n FTSE, -0.44%<\/span><\/a><\/span>
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\n \u00a0was trading little-changed, while the pan-European Stoxx Europe 600
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\n SXXP, +0.17%<\/span><\/a><\/span>
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\n \u00a0was up less than 0.1%.<\/p>\n