Iran's Revolutionary Guards stated that three oil tankers caught fire on Sunday in the Strait of Hormuz. The statement noted that Iran regularly targets ships transiting without its authorization. Since late February, Tehran has restricted traffic through the waterway, requiring vessels to use routes authorized by the Islamic Republic.
Futures Flat As Tech Slides After Memory Stocks, Korea Tumble
Summary
Futures Flat As Tech Slides After Memory Stocks, Korea Tumble US futures are mixed with S&P futures modestly higher offset by a slide in tech: as of 8:00am ET, S&P futures are up 0.1% while Nasdaq futures drop 0.5%, hit by a plunge in Sandisk (down 9% in pre-market), and rival Western Digital which tumbled 15%, after…
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- Tyler DurdenBy Tyler Durden
Futures Flat As Tech Slides After Memory Stocks, Korea Tumble US futures are mixed with S&P futures modestly higher offset by a slide in tech: as of 8:00am ET, S&P futures are up 0.1% while Nasdaq futures drop 0.5%, hit by a plunge in Sandisk (down 9% in pre-market),…
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