Crude oil loading suspended at all Iraqi terminals after drone incident – Reuters

TradingKey - In pre-market trading on August 31 ET, US stock index futures traded lower. As of press time, Nasdaq futures were down 0.21%, while S&P 500 futures and Dow futures fell by approximately 0.26% and 0.23%, respectively.

An in-depth analysis of Nike (NKE) stock: Shares once hit a 12-year low—can the company achieve a turnaround by FY2027? This report breaks down inventory turnover, DTC channels, new Sportswear products, the Chinese market, margin recovery, and valuation to assess whether the current upside potential outweighs downside risk.

TradingKey - Direct clashes between the United States and Iran erupted again after more than a month, rapidly escalating shipping risks in the Strait of Hormuz. During the Asian trading session on August 31, Brent crude (UKOIL) prices rebounded above $90, while WTI crude (USOIL) rose to $86 per barrel.

The crypto market triggered a wave of sell-offs, with Bitcoin plunging below the key $78,000 mark and altcoins broadly following suit.

TradingKey - Alphabet leads the Magnificent Seven ranking as Nvidia posts 106% growth. Here is what investors should watch across Big Tech in the week beginning August 31.