U.S. stock futures were down on Thursday evening due to investor caution about ongoing diplomatic developments between the U.S. and Iran. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.27%, 0.16%, and 0.23%, respectively, at 6:18 p.m. EDT on May 7.
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Trade QQQ with leverageIn the regular trading session, U.S. stocks closed lower as the S&P 500 and the Nasdaq pulled back from intraday record highs and oil prices moved higher. Overall, the Dow, the S&P 500, and the Nasdaq fell 0.6%, 0.4%, and 0.1%, respectively.
Looking ahead, Wendy’s (WEN), Enbridge (ENB), Nintendo (NTDOY), and Fidelity National Information Services (FIS) are set to report earnings on Friday. Traders will also watch for several key economic reports, such as nonfarm payrolls, unemployment rate, the University of Michigan’s consumer sentiment, and wholesale sales and inventories for March.