Stock market today: Dow ekes out gain, but rising Middle East tensions weigh

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Stock market today: Dow ekes out gain, but rising Middle East tensions weigh

Investing.com -- The Dow eked out a gain Wednesday, underpinned by stronger jobs data but upside was limited by rising Middle East tensions.The Fed is monitoring the labor market closely after reiterating that any unexpected weakening would prompt it to take action.

Israeli Prime Minister Benjamin Netanyahu promised a retaliation to Tehran's airstrikes, saying in a statement that Iran"made a big mistake" and"will pay for it." The results come as Nike undergoes an executive-level shake-up that will see boss John Donahoe replaced by company veteran Elliott Hill. Donahoe had overseen a period of weak performance fueled by stiff competition in the $150 billion a year global sneakers market.) stock fell nearly 12% after data showed that the proportion of the health insurer's membership enrolled in four-star Medicare plans and above for next year fell sharply.

 

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Stock Futures Slip as Middle East Tensions Rise and Nike Shares React to Mixed EarningsU.S. stock futures dipped overnight as investors grappled with escalating tensions in the Middle East and Nike's mixed first-quarter earnings report. Tech stocks led the declines, while concerns about a potential wider conflict in the region overshadowed hopes for an economic rebound.
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