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Dow set to struggle for direction as traders brace for Trump's decision on Iran


Tuesday, 8 May 2018 15:59 WIB

DOW JONESIndeks saham berjangka A.S.Indeks berjangka Standard & Poor’s 500Nasdaq


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U.S. stock futures showed little change early Tuesday, as investors waited for President Donald Trump’s decision on a key nuclear deal with Iran.

The market is also digesting fresh rounds of earnings reports and economic data.

Dow Jones Industrial Average futures shed 21 points, or 0.1%, to 24,280, while S&P 500 futures lost 3.50 points, or 0.1%, to 2,666.50. Nasdaq-100 futures edged down 8 points, or 0.1%, to 6,818.

On Monday, the Dow, S&P 500 and Nasdaq Composite finished with gains, but off their intraday highs, after Trump tweeted that his decision on the Iran pact will come at 2 p.m. Eastern Time Tuesday.

The Dow is down 1.5% for the year, the S&P is roughly flat, and the tech-laden Nasdaq Composite has gained 5.2%.

Source: Marketwatch


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