US Futures Slip on Meta, Tesla Results; Oil Jumps 3% on Supply Fears
US stock futures fell Thursday as investors weighed third-quarter results from Meta and Tesla, while oil prices surged over 3% on Middle East supply concerns. Dow futures dropped 0.61%, S&P 500 futures fell 0.99%, and Nasdaq futures declined 1.78%. Meta shares rose 2% in after-hours trading after reporting revenue above expectations and a strong current-quarter forecast, while Tesla shares fell 3% following its results and cost-cutting announcements. European markets declined, with France's 10-year bond yield rising to 5.05% amid protests and fiscal concerns, and Asian markets closed lower on AI growth worries. Oil prices jumped after attacks in Saudi Arabia raised supply fears, with WTI at $99.91 and Brent at $112.18 per barrel. US Treasury yields fell four basis points to 5.08% on safe-haven demand, while Bitcoin dropped 3.12% to $81,810.