U.S. stocks plunged Tuesday as Middle East tensions drive oil prices higher, increasing investor fears of inflation and global trade disruptions.
Treasury Yields rise further above 4%
The Dow Jones Equity All REIT index continued to rise during the final week of February, up 0.97%. Looking at the Dow Jones US real estate property sector indexes, the retail REIT index logged the largest increase over the past week, up 1.53%. On the other end, the office REIT index fell 3.02% during the week, while the hotel and self-storage REIT indexes also declined 0.45% each.
US stock futures plunged Monday morning as oil prices spiked and investor uncertainty shook markets amid US-Israeli air strikes on Iran, while defense stocks like Lockheed Martin jumped.
S&P 500 and Nasdaq-100 futures drop more than 1.5%
Dow Inc. (DOW) closed at $30.73 in the latest trading session, marking a +2.78% move from the prior day.
Verizon (VZ) stands as the only Dow stock meeting the 'dogcatcher' ideal, with annual dividends from $1K invested exceeding its share price and strong free cash flow. Analyst forecasts suggest the top ten Dow dividend dogs could deliver average net gains of 30.86% by March 2027, with varying risk profiles. Most Dow dividend stocks remain overpriced relative to their dividend yields, but market corrections or dividend increases could create more fair-priced opportunities.
US stock futures were edging towards a flat start early on Thursday morning, as afterhours earnings from Nvidia and Salesforce continued to be digested. Nasdaq and Dow Jones futures were just below flat, down less than 0.05%, while S&P 500 futures were very modestly in the green.
Dow Jones and Nasdaq 100 futures slip as Middle East tensions offset Nvidia's upbeat forecast, with Fed update and jobless claims in focus.
US indices are fighting back on Wednesday, as the markets are trying to recover and eventually continue the long-term rally.
The Dow Jones Equity All REIT index closed the week ended Feb. 20 mostly flat, down a very slight 0.06%. The broader stock market indexes logged small gains during the week, with the S&P 500 up 1.07% and the Dow Jones Industrial Average up 0.25%. Among the Dow Jones US real estate property sector indexes, the self-storage and hotel REIT indexes logged the largest increases for the week, up 2.27% and 2.25%, respectively.
Asian markets gain as Nikkei 225 and CSI 300 advance, while US futures steady in the Asian session amid Fed rate cut bets and tariff risks.