Stock Futures Flat After Down Session; Oil Prices Rise Above $94
U.S. stock futures remained near flat on Tuesday evening after a losing session, with the Dow Jones Industrial Average closing down by 1.2%, marking its worst day in nearly three weeks. The S&P 500 and Nasdaq Composite also declined slightly as rising oil prices added pressure to equities. Brent crude surged above $99 per barrel during after-hours trading following reports of renewed Iranian attacks on U.S. Navy ships, while West Texas Intermediate crude reached over $94 per barrel. The rise in oil prices contributed to inflation concerns and pushed the 10-year Treasury yield briefly past 4.8%, further weighing down stocks. With no major economic data or earnings scheduled for Wednesday, investors are shifting focus toward geopolitical risks and potential Federal Reserve rate decisions later in the week.
