US stock futures rise after weekly losses; Iran-Israel tensions, earnings in focus

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US stock futures rise after weekly losses; Iran-Israel tensions, earnings in focus

Investing.com-- US stock index futures rose in evening deals on Sunday, recovering slightly from steep losses last week as fears of an Iran-Israel conflict battered risk sentiment, while the first quarter earnings season kicked off on a dour note.

While the strike reportedly caused minimal damage, it drew up the possibility of retaliation by Israel. But Israeli ministers reportedly signaled that retaliation will not be immediate. Weak earnings from several major Wall Street banks also weighed, setting a dour tone for the first quarter earnings season.Focus will be squarely on the impact of sticky inflation and whether Wall Street can justify a melt-up in valuation through the first quarter.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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