NEW YORK, Oct 9 — US stock index futures fell today as a deepening conflict between Israel and the Palestinian Islamist group Hamas roiled global markets and pushed investors...
Salak South Garden's Restoran Hakkayin surprises with the rarely-seen Hakka 'sui pan' from the 1960s plus excellent homestyle Hakka noodles
Israel’s troops were still fighting to clear out Hamas gunmen who killed 700 Israelis and seized hostages, even as the country responded with its heaviest ever bombardment of the Gaza Strip, killing about 500 people. At 7:01 a.m. ET, Dow e-minis were down 152 points, or 0.45 per cent, S&P 500 e-minis were down 24.25 points, or 0.56 per cent, and Nasdaq 100 e-minis were down 109.5 points, or 0.72 per cent.
“We’re seeing a classic safe-haven move, but I would suggest no real sign of panic yet,” said Stuart Cole, chief macro economist at Equiti Capital.Energy companies, including Chevron, Exxon Mobil , Marathon Oil and Occidental Petroleum jumped around 3 per cent each in premarket trading. Defense companies Northrop Grumman, RTX, General Dynamics and Lockheed Martin advanced between 2.9 per cent and 4.7 per cent.Major technology stocks including Apple, Meta Platforms, Alphabet and Amazon.com dipped 0.9 per cent to 1.2 per cent.
For the week, key inflation readings including September’s producer price and consumer price indexes, as well as the Fed’s September meeting minutes will be in focus.
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