News of U.S. military strikes causes a slight pullback in S&P 500 index futures
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Glonghui, May 26 — The US military has carried out strikes against targets inside Iran. As a result, US stock index futures moved slightly lower, while West Texas Intermediate crude oil prices rose modestly. Iran has not yet responded. Media outlets quoted a statement from US Central Command describing the attack as relatively restrained. In early Asian trading on Tuesday, S&P 500 mini futures opened at around 7,560 points and are currently trading near 7,544 points. The intra-day low for West Texas Intermediate crude oil reached $90.35 per barrel, with current prices rising above $90.90 per barrel. The overall market response has been mild, and traders believe that as long as the US demonstrates a willingness to reach an agreement, all parties can tolerate such unexpected disturbances.
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