Wall Street retreats from record highs before the bell [Investment Executive - News]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
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Source: Investment Executive - News
Wall Street gave back some of its gains this week and oil prices climbed above US$100 a barrel Thursday as prospects for peace in Iran remained shaky (All figures in U.S. dollars). Futures for the S&P 500 lost 0.4% before the opening bell, a day after hitting a record 7,137.90. Futures for the Dow Jones Industrial Average fell 0.6%, while futures for the Nasdaq, also coming off a record high, dipped 0.4%. A growing sense of unease over an end to the Iran war, which is in its eighth week, is weighing on investor sentiment as it's unclear when another round of peace talks will take place. Iran has fired on ships in the Strait of Hormuz despite the extension of a ceasefire from U.S. President Donald Trump. Global energy prices have surged on the Iran war energy shock. Brent crude, the international standard, was up $1.27 early Thursday at $103.18 per barrel. It was around $70 a barrel before the Iran war began in late February. Benchmark U.S. crude gained $1.21 to $94.17 per bar
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- ING's page on the SEC website