Dow Jones Today | US Stock Market LIVE Updates: US stock futures were little changed on Wednesday (April 15), with the S&P 500 closing the previous session less than 1% below its all-time high.
Broadcom rose over 2% in premarket trading after Meta Platforms extended its partnership to deploy custom chips using Broadcom’s technology. Shares of Bank of America and Morgan Stanley also advanced in premarket trading following strong revenue from their equity trading businesses.
Stock and bond markets are increasingly pricing out much of the risk premium built up since the conflict started in late February as the US and Iran look to arrange a second round of negotiations.
Brent erased early losses to rise 1% toward $96 a barrel as the US pressed ahead with a naval blockade of the Strait of Hormuz. Treasuries edged lower, with the two-year yield rising two basis points to 3.76%. The dollar posted modest gains while gold fell toward $4,800 an ounce.
Watch this space for all the LIVE US stock market updates.
