U.S. Stock Futures Decline Amid Rising Tensions with Iran
Stock futures declined Monday as escalating tensions with Iran, including the seizure of an Iranian-flagged cargo ship and renewed threats from President Trump, raised concerns ahead of an expiring ceasefire. Iran's refusal to participate in peace talks further heightened geopolitical uncertainty and weighed on market sentiment.In pre-market trading, S&P 500 futures declined 0.37%, Nasdaq 100 futures lost 0.32% and Dow futures fell 0.42%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Energy stocks moved higher as U.S.-Iran tensions flared up over the weekend, with Chevronup 1%Marvellup 6% after The Information said that Googleis in talks with the company to develop two new chips that will focus on running AI models more efficientlyTopBuildup 20% after QXOannounced plans to buy the company for $17B, or $505 per shareUSA Rare Earthup 8% after agreeing to buy Brazil's Serra Verde Group in a cash-and-stock transactionMP Materialsup 3% after Wedbush initiated the stock with an Outperform ratingNektar Therapeuticsup 17% after results from a blinded 16-week treatment extension period showed positive response in its Phase 2b Rezolve-AA studyPsychedelic-related stocks rose after President Donald Trump signed an executive order to expedite research and access to the substances used outside the U.S to treat post-traumatic stress disorder, with AtaiBeckleyup 25%DOWN AFTER EARNINGS -Cleveland-Cliffsdown 1%Dynex Capitaldown 2%Nano-X Imaging, down 11%LOWER -AST SpaceMobiledown 13% after Blue Origin's flagship New Glenn rocket failed to correctly place a satellite made by the company in its intended orbitAmerican Airlinesand Carnivalled airline and cruise operators lower, down 3% and 2%, as the prospects of fuel prices staying at elevated levels weigh on sentimentAvis Budgetdown 3% after Barclays downgraded the stock to UnderweightFermidown 20% after the company said its CEO and CFO have stepped downDoximitydown 3% after Truist downgraded the stock to Hold