{"id":75527,"date":"2026-07-07T12:23:00","date_gmt":"2026-07-07T12:23:00","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/07\/07\/futures-point-to-broadly-lower-open-on-mounting-geopolitical-tensions\/"},"modified":"2026-07-07T12:23:00","modified_gmt":"2026-07-07T12:23:00","slug":"futures-point-to-broadly-lower-open-on-mounting-geopolitical-tensions","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/07\/07\/futures-point-to-broadly-lower-open-on-mounting-geopolitical-tensions\/","title":{"rendered":"Futures Point To Broadly Lower Open On Mounting Geopolitical Tensions"},"content":{"rendered":"
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Geopolitical tensions have heightened after Iran has fired missiles at two commercial vessels in the Strait of Hormuz on Monday night. <\/p>\n

Meanwhile, Ukraine is reportedly seeking NATO’s support to restrict increased attack from Russia. In a week, Russian missiles have struck Ukraine capital twice. <\/p>\n

Asian shares finished in red, while European shares are trading mostly down. <\/p>\n

Oil prices rose more than 1 percent on Tuesday. Brent crude futures jumped 1.7 percent to $73.18 a barrel. <\/p>\n

Gold prices fell toward $4,100 an ounce. Spot gold fell 0.9 percent to $4,127.89 an ounce. <\/p>\n

The dollar strengthened on safe-haven demand. <\/p>\n

Early signs from the U.S. Futures Index suggest that Wall Street might open broadly down. As of 7.55 am ET, the Dow futures were adding 127.00 points, the S&P 500 futures were losing 16.50 points and the Nasdaq 100 futures were sliding 332.75 points.<\/p>\n

The U.S. major averages finished higher on Monday. The tech-heavy Nasdaq jumped 288.49 points or 1.1 percent to 26,121.16. The S&P 500 also advanced 54.19 points or 0.7 percent to 7,537.43, while the Dow rose 155.84 points or 0.3 percent to 53,055.91.<\/p>\n

On the economic front, the International Trade in Goods and Services for May will be released at 8.30 am ET. The consensus is for a deficit of $78.7 billion, while the deficity in the prior month was $55.9 billion in the prior month. <\/p>\n

Three-year Treasury Note auction will be held at 1.00 pm ET. <\/p>\n

The 4-week, 8-week and 4-month Treasury bill auction will be held at 11.00 am ET. <\/p>\n

The 6-week and 52-week Treasury bill auction will be held at 11.30 am ET. <\/p>\n

The Federal Open Market Committee or FOMC Minutes will be published on Wednesday.<\/p>\n

Asian stocks declined on Tuesday. China’s Shanghai Composite index ended 1.26 percent lower at 3,990.24. Hong Kong’s Hang Seng index dipped 0.51 percent to 23,496.89.<\/p>\n

Japanese markets<\/span> tumbled. The Nikkei average fell 2.12 percent to 68,256.96 while the broader Topix index settled 0.97 percent lower at 4,062.26.<\/p>\n

Australian stocks ended slightly lower. The benchmark S&P\/ASX 200 slipped 0.31 percent to 8,803.90 while the broader All Ordinaries index closed 0.36 percent lower at 9,004.70. <\/p>\n<\/p>\n

Business News<\/p>\n<\/div>\n