US Futures Slip as US-Iran Conflict Monitored

2026-03-03 23:42 By Jam Kaimo Samonte 1 min. read

US stock futures edged lower 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.



News Stream
The Dow Jones Index Closes 0.02% Lower
The Dow Jones Index dropped 9 points or 0.02 percent on Friday to close at 53560 points. Losses were led by Nvidia (-4.45%), 3M (-2.56%) and Honeywell International (-2.19%). Offsetting the fall, top gainers were Amazon (4.02%), Salesforce (3.06%) and Nike (3.02%).
2026-08-28
US Stocks Fall on Rising Fed Hike Bets
The US stock indices closed lower on Friday as chipmakers shares trimmed the previous session’s gains and a more hawkish tone from Fed Chair Warsh strengthened expectations for a rate hike next month. The S&P 500 shed 0.2%, the Nasdaq fell 0.7% and the Dow inched lower. Marvell fell 10.3% despite beating earnings estimates and raising its outlook. Chipmakers pulled back after rallying on Nvidia’s (-4.6%) strong results earlier in the week, with Broadcom down 0.7%, and AMD falling 2.3%. Hyperscalers held gains, with Alphabet up 1.5%, Microsoft adding 1.7%, Amazon jumping 4%, and Meta rising 1.2%. Meanwhile, Warsh said underlying inflation was not slowing and pledged to keep fighting price growth until it converges with the Fed’s 2% target during his speech at Jackson Hole Symposium, prompting traders to increase bets on a rate hike next month. Industrial and pharmaceutical stocks declined, with AbbVie losing 1% and Lam Research falling 5.2%.
2026-08-28
US Stocks Pare Gains After Warsh Speech
US stocks turned lower on Friday as tech shares trimmed yesterday's rally and Fed Chair Warsh's warning of high inflation strengthened bets for a rate hike. Marvell sank nearly 8%, giving back some of its rally on the month despite beating earnings estimates and raising its outlook. Chip producers and companies in AI infrastructure loosely maintained weekly gains after Nvidia noted that compute demand continues to surge through the next quarters. Meanwhile, Fed Chairman Warsh stated that underlying inflation is not slowing and vowed to fight price growth until it converges to the 2% target in his speech at the Jackson Hole Economic Symposium. The Chairman also signaled that the labor market is consistent with full employment, driving traders to consider a rate hike by the central bank next month. Industrial stocks and pharmaceuticals pulled back, with Merck and GE Vernova down over 1.5% each.
2026-08-28