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Treasury steps up financial pressure on Iran, stock futures rise

U.S. stock futures pointed to a higher open Friday as investors weighed strong Taiwan Semiconductor earnings and signs of softer consumer spending.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

This story is no longer being updated. It reflects reporting up to .

What happened

U.S. stock futures were higher early Friday, with the Dow, S&P 500 and Nasdaq 100 rising after Thursday's gains. Investors were digesting a strong earnings beat from Taiwan Semiconductor and signs of softer consumer spending. Meanwhile, the U.S. Treasury was intensifying financial pressure on Iran, while other reports described futures as mixed amid a volatile week.

Why it matters

Stocks were on track for weekly losses, capping a volatile week, according to one report. The reports describe the market moves but state no further consequences.

Coverage

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