ANGO - Stock Futures Flat as Investors Weigh Geopolitical Risk
U.S. stock index futures indicated a flat open on Tuesday as Wall Street assessed the growing geopolitical risks stemming from U.S.-Iran tensions.
Futures for the Dow Jones Industrials gained 15 points, or 0.1%, Tuesday to 28,657.
Futures for the S&P 500 added 1.75 points, or 0.1%, at 3,245.25.
Futures for the NASDAQ Composite jumped 28.75 points, or 0.3%, to 8,876.25
It's a sparse turnout for earnings Tuesday, giving AngioDynamics much of the spotlight.
President Donald Trump announced last week that the U.S. had killed Iran's top military commander in Baghdad, Gen. Qasem Soleimani.
The president also said Sunday that he could slap sanctions on Iraq, after its parliament passed a resolution calling for the government to expel foreign troops from the country.
However, U.S. equities rose on Monday, reversing earlier losses and recovering some of Friday's steep decline. Market players are now waiting to see if the situation will escalate with a potential retaliation from Iranian forces.
There will be U.S. trade deficit figures out at 8:30 a.m. ET, followed by factory orders and non-manufacturing Purchasing Managers Indexes at 10 a.m.
Overseas, in Japan, the Nikkei 225 gained 1.6% Monday, while in Hong Kong, the Hang Seng Index edged up 0.3%.
Oil prices fell 57 cents to $62.70 U.S. a barrel.
Gold prices slid 70 cents to $1,568.10 U.S. an ounce.