Interest Rates, Wars Damp Wall Street Pre-Bell; Asia Mixed, Europe Off
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Wall Street futures are down as interest rates rise and geopolitical tensions increase, with the S&P 500, Nasdaq, and Dow Jones all falling by 0.8% and 1%, respectively. A call between Trump and Putin yielded no progress on Ukraine, while Israel considers action against Iran. Lowe's shares rose 2.6% after strong earnings, while Target's shares remained stable despite lower guidance. Asian markets were mixed, and European markets were down. Key economic reports are due, including inflation expectations and petroleum status.
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