Stock market futures fell early Friday as traders worried about fighting between Israel and Iran. The Dow Jones futures lost 83 points before markets opened after being closed Thursday for Juneteenth. Nasdaq and S&P 500 futures also went down about 0.2 percent each.
All three market indicators bounced back around 8 a.m. and stayed mostly flat. Oil prices moved around as Israeli Prime Minister Benjamin Netanyahu talked about hitting more targets inside Iran. Brent crude oil fell over 2 percent but still costs more than $72 per barrel.
That price stays $6 higher than June 12 when Israel first attacked Iran. American crude oil went up 1 percent at first but later turned negative. LPL Financial expert Jeff Buchbinder said several things will determine how stocks react to the Middle East crisis.
Markets are waiting to see what happens next after Federal Reserve chief Jerome Powell kept interest rates the same. Powell said rate cuts might not happen until officials understand how President Trump's trade taxes affect the economy. Stock markets around the world mostly went up Friday except for Tokyo's Nikkei 225 which fell 0.2 percent.
European and Asian markets performed better than American futures during early trading.
All three market indicators bounced back around 8 a.m. and stayed mostly flat. Oil prices moved around as Israeli Prime Minister Benjamin Netanyahu talked about hitting more targets inside Iran. Brent crude oil fell over 2 percent but still costs more than $72 per barrel.
That price stays $6 higher than June 12 when Israel first attacked Iran. American crude oil went up 1 percent at first but later turned negative. LPL Financial expert Jeff Buchbinder said several things will determine how stocks react to the Middle East crisis.
Markets are waiting to see what happens next after Federal Reserve chief Jerome Powell kept interest rates the same. Powell said rate cuts might not happen until officials understand how President Trump's trade taxes affect the economy. Stock markets around the world mostly went up Friday except for Tokyo's Nikkei 225 which fell 0.2 percent.
European and Asian markets performed better than American futures during early trading.
