CNBC Daily Open: Will America Open Another Front in the Middle East? Trump Is Considering
Tensions escalate in the Middle East and Ukraine wars.
TL;DR
- Tehran-backed Houthis attacked Riyadh's main airport, prompting Saudi Arabia to seek urgent U.S. defense support.
- U.S. President Trump is considering supporting Saudi Arabia in retaliation against the Houthis.
- The Ukraine conflict continues, with discussions of an "energy ceasefire" and ongoing disputes between Russia and Ukraine.
- Ukrainian President Zelenskyy reportedly pushed back on Trump's suggestions regarding the war and its causes.
- Futures for the S&P 500 and Dow Jones were flat, while Nasdaq 100 futures rose ahead of bank earnings.
- The IMF and World Bank are holding their annual meetings in Bangkok, Thailand, focusing on the global economy.
- Pokémon card values are soaring, with eBay noting it as a fast-growing collectibles category.