US Futures Steady as US-Iran Conflict Monitored
2026-03-03 23:42
By
Jam Kaimo Samonte
1 min. read
US stock futures were largely unchanged on Wednesday after Wall Street experienced extreme volatility in the previous session, as investors monitored developments in the Middle East.
In regular trading on Tuesday, the S&P 500 fell as much as 2.49% before closing 0.94% lower, while the Dow and Nasdaq Composite slipped 0.83% and 1.02%, respectively.
All 11 S&P sectors ended in the red, with materials, industrials, and health care among the worst performers.
Market participants weighed concerns that rising energy prices, fueled by the US and Israel’s escalating conflict with Iran, could slow economic growth and stoke inflation.
Losses were partially trimmed after President Donald Trump vowed to escort oil tankers through the Strait of Hormuz, easing supply concerns.
On the corporate front, investors awaited earnings from Broadcom, Okta, and Abercrombie & Fitch for further guidance.