Home · Business · Sep 22 archive
Dow Jones Futures Steady Amid US-Iran Diplomatic Talks
Developing
In Short: Dow Jones futures edged lower by 0.04% as traders awaited US-Iran diplomatic developments at the UN General Assembly.
Dow Jones futures inched down by 0.04% to trade near 52,450 during European hours on Tuesday, according to FXStreet. S&P 500 futures remained steady around 7,830, while Nasdaq 100 futures declined by 0.07% to trade near 30,760.
Traders adopted a cautious stance ahead of potential US-Iran diplomatic developments at the United Nations General Assembly in New York. The Trump administration has proposed establishing a $5 billion fund to support the reconstruction of war-damaged infrastructure across the Middle East.
The tech-heavy Nasdaq Composite surged 2.26% to a record close, while the S&P 500 and Dow Jones advanced 1.49% and 0.71%, respectively, on Monday.
A key step for traders is to compare the direction of the Dow Jones Industrial Average and the Dow Jones Transportation Average, following trends only where both are moving in the same direction.
What's still developing
- Nothing material beyond the confirmed record.