Cincinnati Financial CorporationRenewed Middle East strikes increase geopolitical risk, likely weighing on financial sector sentiment.
Stock index futures were higher before the opening bell on Thursday as investors shrugged off rising tensions in the Middle East. Nasdaq 100 futures rose 0.43%, S&P 500 futures gained 0.29%, and Dow Jones Industrial Average futures edged up 0.10%. The U.S. military began launching fresh strikes on Iran hours after President Donald Trump declared the eight-week ceasefire was over, with the latest attacks signaling that efforts to secure a lasting peace agreement were breaking down. U.S. Treasury yields eased as demand for government bonds increased, with the 10-year Treasury yield slipping 1 basis point to 4.57%, the 2-year yield falling about 3 basis points to 4.20%, and the 30-year yield edging down to 5.07%. Top gainers in premarket trading included Leidos up 3.56%, Mid-America Apartment Communities up 1.98%, and CRH up 1.97%, while decliners included Regions Financial down 3.42%, Cincinnati Financial down 2.69%, and United Rentals down 1.72%.
Cincinnati Financial CorporationRenewed Middle East strikes increase geopolitical risk, likely weighing on financial sector sentiment.
Regions Financial CorporationRenewed Middle East strikes increase geopolitical risk, likely weighing on financial sector sentiment.
Leidos Holdings IncLeidos, a defense contractor, benefits from increased military strikes and geopolitical tensions.
Mid-America Apartment Communities IncFalling Treasury yields lower borrowing costs, supporting REITs like Mid-America Apartment Communities.
United Rentals IncGeopolitical uncertainty may dampen economic activity, negatively impacting equipment rental demand.
CRH PLC ADR