Stock Market Futures Fall Amid US-Iran Tensions and Inflation Concerns
U.S. stock futures declined in early trading on Wednesday as rising oil prices and bond yields reflected growing concerns over inflation amid escalating tensions between the U.S. and Iran. The conflict, following recent airstrikes by the U.S., pushed Brent crude above $95 per barrel and sent Treasury yields to multi-year highs. Investors are also monitoring a potential trade dispute with Canada after comments from both sides on stalled negotiations. The market is closely watching ADP's private-sector employment data for insights into labor trends ahead of Friday’s broader jobs report, while earnings reports from Broadcom (AVGO) and Snowflake (SNOW) will be key highlights. Meanwhile, Dell Technologies reported a significant surge in stock price after posting record revenue driven by strong AI server demand.
Topics: Dow Jones inflation fears Nasdaq oil prices S&P 500 stock market U.S.-Iran tensions