US Futures Steady Ahead of CPI Report
2026-03-10 23:59
By
Jam Kaimo Samonte
1 min. read
US stock futures were little changed on Wednesday as investors awaited a key inflation report that could provide insight into recent price trends, though it is not yet expected to capture the impact of the Iran war.
In regular trading on Tuesday, the Dow and S&P 500 fell 0.07% and 0.21%, respectively, while the Nasdaq Composite edged up 0.01%.
Nine of the 11 S&P sectors closed lower, with energy stocks leading the declines as oil prices retreated sharply.
Meanwhile, heavyweight chip stocks advanced following strong sales data from TSMC, including Nvidia (1.2%), Micron Technology (3.5%), and Intel (2.6%).
The major indexes initially rallied on hopes for a swift resolution to the Middle East conflict before reversing course after the White House clarified that no naval escorts had yet occurred in the Strait of Hormuz.
US officials also signaled that military operations were escalating and that the prospects for diplomatic talks remained limited.