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US stock futures rise after Iran conflict dubbed a 'love tap' by Trump; investors await April jobs data.

Market News
08 May 2026
Rishabh Mishra
Neutral
pluang ai news

US stock futures increased following a minor military exchange near the Strait of Hormuz between US and Iranian forces, which former President Donald Trump described as a 'love tap.' Despite geopolitical tensions, markets focus on strong tech earnings and AI investments. Investors are also awaiting April's non-farm payroll data, with expectations of a modest job gain. Treasury yields remain steady, and the Federal Reserve is likely to keep interest rates unchanged in June.

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