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U.S. Expands Iran Sanctions as Bitcoin Breaks $80,000 and Markets Await Nvidia: Dow Jones, S&P, Nasdaq, Wall Street Futures

U.S. stock futures rose on Tuesday as investors prepared for Nvidia’s upcoming earnings report and key inflation data while monitoring new economic sanctions imposed against the Iranian government.

Key Points

  • U.S. stock futures trended higher, with Nasdaq 100 futures gaining 0.6% ahead of Nvidia’s quarterly earnings report.
  • Bitcoin extended its rally, climbing above $80,000 amid strong inflows into spot exchange-traded funds and concerns over U.S. government debt.
  • Treasury Secretary Scott Bessent announced new economic sanctions aimed at isolating Iran’s financial system, causing Brent crude futures to dip 0.6% to $91.58.
  • Intuit is scheduled to report earnings after the market close, following previous announcements of a 17% workforce reduction and a lowered revenue outlook.
  • Trade tensions persist as the U.S. and Canada remain at an impasse over proposed 50% tariffs on various Canadian goods.

Why it Matters

These developments highlight a period of heightened market sensitivity to both geopolitical instability and corporate performance in the artificial intelligence sector. Investors are balancing potential inflationary pressures and trade conflicts against the growth prospects of major tech firms and the ongoing volatility of digital assets.
Advfn.com Published by Fiona Craig
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