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S&P 500 rises and Nasdaq falls ahead of jobs data, Gary Black notes

S&P 500 rises and Nasdaq falls ahead of jobs data, Gary Black notes
Stocks mixed ahead of Iran deal

Gary Black, managing partner, investor at The Future Fund, observed that U.S. stocks were mixed in pre-market trading, with the S&P 500 gaining 0.1% and the Nasdaq declining 0.6% amid weakness in technology shares.

He noted that investors are awaiting a potential U.S.-Iran peace deal and employment data scheduled for Friday. Brent crude oil rose 1% to $80 per barrel and gold also gained. Among notable movers, SKHY dropped 6%, MU declined 4%, and SPCX increased 2%.

Black previously highlighted SPCX's 5% share drop post-market despite a $7.8 billion revenue beat. Earlier, he reported on SK Hynix's record $26.5 billion U.S. ADR listing at $149. Both events occurred amid ongoing market fluctuations tied to U.S.-Iran news and sector-specific performance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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