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Stock futures fall as Iran attack on Israel shakes fragile ceasefire: Live updates
- Futures tied to the Dow fell about 80 points as tensions escalated after Iran reportedly fired missiles at Israel.
- Asia-Pacific markets opened lower, with Korea’s Kospi and Japan’s Nikkei 225 falling amid Middle East tensions.
- The drill of the ceasefire between Washington and Tehran faced renewed scrutiny after the reported strike.
- Last week’s Nasdaq selloff contributed to fears about how higher financing costs could impact AI investments.
- Investors will eye inflation data and the public debut of SpaceX, expected to be a major market test for AI narratives.
- Investors will also monitor May CPI and PPI data for indications of ongoing inflationary pressures.
- The report noted ongoing caution as traders weighed geopolitical risk against earnings momentum.
- Analysts cited the potential for the SpaceX IPO to test market sentiment around AI-related narratives.
- The market focus included a cautious outlook ahead of inflation readings and corporate financing costs.
- Overall, markets responded to geopolitical risk with a broad risk-off stance across futures and regional indices.
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