Dow, S&P 500, Nasdaq futures rise amid Hormuz, Fed
SkimNews Take
Equities climbing despite Hormuz-driven oil spikes signals traders expect the Fed to look through supply shocks as transitory, effectively betting that geopolitical disruption won't derail the rate-cut trajectory.
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U.S. equity futures ticked higher as investors juggle soaring oil prices from the Hormuz standoff with an upcoming Fed rate decision, while Nvidia’s GTC promises tech‑driven momentum. Parallel stories—from blockchain plans for the $126 trillion equity market to a SanDisk‑Micron showdown—highlight divergent forces shaping market sentiment.
