On the eve of $6.5 trillion options expiration, pre-market trend in US stock index futures is flat.

date
20/06/2025
There are reports that Trump will take time to consider any US strike against Iran and give diplomacy a chance to advance. As a result, futures fell slightly before the opening of trading on the last day of the week. S&P 500 index futures fell by 0.3% and Nasdaq 100 index futures dropped by the same amount. The US bond yield remained stable, while WTI crude oil prices rose by 0.7%. Investors will face the expiration of $6.5 trillion worth of US options on Friday, which is seen as one of the largest expiration events ever recorded. Citigroup strategists maintain a positive view on stocks, expecting the impact of the Middle East tensions on risk assets to be temporary. According to reports, SoftBank founder Masayoshi Son is seeking to collaborate with TSMC to build a trillion-dollar industrial complex in Arizona for the production of robots and artificial intelligence products. In terms of earnings reports, Smith & Wesson's stock price fell after the firearms manufacturer disappointed with its quarterly performance, citing continued inflation, high interest rates, and uncertainty caused by tariff concerns in the market. Companies like Accenture, Kroger, and Darden are expected to report earnings before the market opens. According to Bloomberg Intelligence, Accenture may rely more on inorganic growth through acquisitions in the next 6 to 12 months to address the pressures faced by consulting demand.