U.S. Stock Futures Flat After Dow Posts Third Straight Losing Week
U.S. stock futures were little changed after the Dow Jones Industrial Average recorded its third consecutive weekly decline, with tensions in the Middle East and rising interest rates weighing on investor sentiment. The latest escalation involved Iran-backed Houthis attacking Saudi Arabia over the weekend, prompting a U.S. travel warning for Americans to reconsider visiting the region due to ongoing threats between the U.S. and Iran. The Federal Reserve's recent rate hike—the first in three years—has contributed to higher bond yields and inflation concerns, impacting market performance. The Dow fell 1.7% last week, its worst since March, while only the Nasdaq saw a gain of 0.7%. Oil prices remain near $100 per barrel, with the U.S.-China summit this week expected to address economic issues including tariffs and AI. Analysts suggest that geopolitical tensions are influencing both energy markets and central bank policies, complicating inflation outlooks for the Fed and fiscal strategies in China.
Tickers: $LPLA
Topics: Dow Jones Industrial Average Federal Reserve interest rates Middle East tensions Nasdaq-100 S&P 500 stock market