Stock Market Today: Dow, S&P 500 Futures Tick Up As Oil Prices Rise, US Allies Reject Trump's Hormuz Call— Uber, Lululemon, Cisco In Focus (UPDATED)
(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story.)
Dow Jones and S&P 500 futures pared earlier losses to trade slightly up on Tuesday, while Nasdaq futures were trading lower following Monday’s gains. Futures of the major benchmark indices were mixed.
President Donald Trump said on Tuesday that the mortgage levels have reached the "lowest level in five years, adding that the "cost of new mortgage is down by $5000,” after he signed an executive order aimed at deregulating the U.S. mortgage market last week.
Meanwhile, on Monday, countries like Germany, Spain, and Italy rejected President Trump‘s call to deploy naval forces to open the Strait of Hormuz, citing a lack of authorization from the United Nations and NATO.
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