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Dow Jones Futures: Trump Warns Iran As Strait Of Hormuz Blockade Begins; Broadcom, Bloom, Sandisk Are Big Winners

U.S. equity futures were slightly higher ahead of Tuesday’s open after a rally Monday that lifted the Dow, S&P 500 and Nasdaq. Major movers included Broadcom (extending a five-day win streak), Bloom Energy (strong breakout on partnership news) and Sandisk (nearly 12% surge after Nasdaq-100 inclusion). Oil traded near $98/barrel and the 10-year Treasury yield eased to about 4.29%, while Dow futures rose ~0.1% and S&P and Nasdaq futures climbed ~0.2–0.3%. Geopolitical headlines (U.S. blockade actions involving Iran) added risk but didn’t halt the market advance. Big corporate earnings to watch this week include JPMorgan Chase, Netflix, ASML and TSMC — data and earnings may steer near-term direction. Overall tone: constructive for stocks, with select momentum names and sector-specific catalysts driving gains.

Category

Wall Street 30

Sentiment

Bullish

Event

Market commentary

Reading time

1 min