Sunday evening will see Dow Jones, S&P 500, and Nasdaq futures opening following Israel’s successful interception of over 200 Iranian drones and missiles during an attack. This incident was in response to Iran’s vow for retaliation over a previous strike by Israel on its consulate in Damascus.
President Biden has stated that he will opt for a diplomatic response to the situation. The stock market experienced a sell-off on Friday due to fears of a potential Iran attack, causing Bitcoin to plunge as well.
Earnings reports from companies like Goldman Sachs, Charles Schwab, ASML, and Taiwan Semiconductor are expected to have a significant impact on the market. Investors will be closely watching key companies in the chip sector such as Nvidia, Broadcom, Lam Research, Applied Materials, and KLA Corp.
Despite recent market fluctuations, it is essential for investors to stay informed and prepared. Keeping an eye on corporate earnings, industry trends, and geopolitical events can help navigate the current market conditions. Remember to stay updated on market direction and be ready to adjust your investment strategies accordingly.
