US Stock Futures Mixed as Fed Rate Hike Bets Rise 
US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets 
Iraq Seeks 6 Million Bpd OPEC+ Oil Quota 
South Korea GDP Surges on Chip and AI Boom 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Iran Plans New Gulf Restricted Zone as Hormuz Tensions Push Oil Higher 
UK House Prices Fall for First Time Since 2023 
China Inflation Accelerates in August as CPI, PPI Rise 
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
China to Inject $45 Billion Into State Financial Institutions 
Asian Stocks Mixed as Korean Chipmakers Rally 
Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy 
Gold Prices Rebound as Dollar Weakens, Fed Decision Looms 
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U.S. stock index futures declined Thursday amid escalating Middle East tensions and uncertainty over recent U.S.-China trade developments. Dow E-minis dropped 269 points (0.63%), S&P 500 E-minis fell 25.5 points (0.42%), and Nasdaq 100 E-minis slid 74 points (0.34%).
Investors showed caution after an Air India Boeing 787-8 Dreamliner crashed in Ahmedabad, India, with over 200 passengers on board. Boeing shares (NYSE:BA) plunged 7.6% in premarket trading. The incident added to broader risk-off sentiment already pressured by geopolitical risks.
President Donald Trump announced the repositioning of U.S. personnel in the Middle East, calling it a “dangerous place,” and warned Iran against pursuing nuclear weapons. An Iranian official responded by threatening U.S. bases if nuclear talks fail. The developments come ahead of a sixth round of U.S.-Iran nuclear negotiations.
In trade news, China confirmed a consensus on a trade agreement with the U.S., urging both sides to honor the deal. Markets await further details from this week’s two-day talks in London, as investor focus remains on tariff impacts and global economic stability.
Tesla (NASDAQ:TSLA) fell 1.7% and Nvidia (NASDAQ:NVDA) lost 1.1%, tracking broader tech weakness. In contrast, Oracle (NYSE:ORCL) jumped 7.7% after raising its revenue forecast on surging AI-related demand.
Gold prices rose, boosting U.S.-listed gold miners. Newmont climbed 1.5%, Harmony Gold gained 3.5%, and AngloGold Ashanti advanced 4.2%. Oklo shares slid 5.8% after launching a $400 million stock offering.
Markets also await May’s Producer Price Index and initial jobless claims, due later today. Citigroup (NYSE:C) analysts noted tariff effects may intensify in late summer, while current inflation appears muted.
The S&P 500 is now 2% below its February peak, while the Nasdaq is 2.7% off its December high.
