US Futures Slip as Iran War Weighs
2026-03-03 00:14
By
Jam Kaimo Samonte
1 min. read
US stock futures edged lower on Tuesday as investors tracked further escalations in the Middle East conflict.
President Donald Trump said the US would do “whatever it takes” when asked how long the war with Iran could endure, as Israel carried out fresh airstrikes on Monday.
A senior US official also reportedly indicated that Washington was preparing a substantial escalation in strikes on Iran within the next 24 hours, targeting the country’s missile production facilities, drone programs and naval assets.
In regular trading on Monday, the Dow fell 0.15%, while the S&P 500 and the Nasdaq Composite rose 0.04% and 0.36%, respectively.
Defense and energy names such as Northrop Grumman (6%), Palantir Technologies (5.8%) and Exxon Mobil (1.1%) advanced.
Investors also rotated back into cash-rich technology leaders including Nvidia and Microsoft, which gained 2.9% and 1.5%, respectively, on expectations they would remain resilient despite the Middle East tensions.