Futures lower amid Middle East violence; Vance-Walz debate - what's moving markets
Investing.com -- US stock futures decline as traders eye ongoing violence in the Middle East. Iran says its air bombardment on Israel is over, although Israeli leaders have vowed a response to the attack. The assault, itself a retaliation to Israeli strikes on Lebanon-based Hezbollah, dented equities on Wall Street in the prior session.
The US has also said there will be"severe consequences" for Tehran's actions, with Defense Secretary Lloyd Austin adding that Washington is"well-postured" to defend its interests in the Middle East. US crude inventories fell by about 1.46 million barrels for the week ended Sept. 27, compared with expectations of a decline of about 2.1M barrels, according to data from the American Petroleum Institute. The official government inventory report is set to released on Wednesday.US vice presidential candidates JD Vance and Tim Walz clashed over the qualities of their respective running mates and achievements of the last two administrations in their only debate on Tuesday.
Although the conversation became heated at times, the encounter as a whole was notable for its relatively civil tone compared to a prior on-stage exchange between Trump and Harris last month.) sank in extended hours trading after the US athletic apparel maker withdrew its full-year financial forecast and posted a 10% slump in quarterly revenue.
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