The U.S. carried out “defensive strikes” in southern Iran after President Donald Trump said negotiations are “proceeding nicely.” U.S. Central Command said American forces launched strikes targeting Iranian missile launch sites and boats allegedly attempting to place mines near key waterways.
Meanwhile, the 10-year Treasury bond yielded 4.51%, and the two-year bond was at 4.06%. The CME Group's FedWatch tool‘s projections show markets pricing a 98.1% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
Index
Performance (+/-)
Dow Jones
0.51%
S&P 500
0.52%
Nasdaq 100
0.73%
Russell 2000
0.97%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Tuesday. The SPY was up 0.55% at $749.77, while the QQQ was higher by 0.88% to $723.83.
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SCYNEXIS
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Benzinga’s Edge Stock Rankings indicate that SCYX maintains a weak price trend in the long, medium, and short terms.
Elbit Systems
Elbit Systems Ltd. (NASDAQ:ESLT) jumped 8.26% after it was awarded a contract valued at approximately $1.4 billion by a European customer for extensive military modernization programs. The contract will be performed over a period of five years.
Benzinga’s Edge Stock Rankings indicate that ESLT maintains a strong price trend in the long and medium terms and a weak trend in the short term, with a solid quality score.
Intuitive Machines
Intuitive Machines Inc. ...
