SPY is trading at $774.28, down 0.4%, as renewed Iran tensions and tanker attacks near the Strait of Hormuz lifted oil and revived inflation concerns.
- The supplied pre-market price compares with the October 7 close of $777.22.
- The 10-year Treasury yield was reported near 5.32%, adding pressure to equities.
- The weakness appeared broad, with supplied pre-market readings also lower for the Nasdaq and Dow; jobless claims were still upcoming.