fintech / news / / Benzinga
U.S. stock futures declined on Thursday following another record-breaking surge on Wednesday.
IBM stock fell 8.6% pre-market despite beating first-quarter earnings estimates, citing macro uncertainty.
KEY POINTS
- Markets are pricing a 99.5% chance that the Federal Reserve will keep rates unchanged in April.
- Oil futures rose 2.01% to $94.84 amid stalled Iran peace talks and Strait of Hormuz tensions.
- Analysts warn that the market may pull back if 'Magnificent Seven' earnings disappoint or war escalates.
- Gold spot prices dropped 0.87% to around $4,698.39 per ounce, well below its last record high.
COMPANIES
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