US Futures Edge Lower
2026-03-19 11:29
By
Andre Joaquim
1 min. read
Futures tracking US equities were muted on Thursday, holding the declines from yesterday at their lowest in four months as the ongoing surge in energy prices raised risks of stagflation.
Contracts for the three main averages hovered below the flatline.
Oil and natural gas benchmarks across the globe rose further following Iranian strikes on Qatari and Saudi energy infrastructure, magnifying the pro-inflationary risks since the start of the war.
Such risks are combined with an already hot PPI reading for February before the start of the conflict, prompting a group of FOMC members to project no rate cuts this year despite signs of a softer labor market.
Companies with exposure to the AI space were mostly lower premarket after Micron forecasted higher spending plans, which offset their strong earnings from higher memory profits.
Nvidia, Broadcom, and AMD were close to 1% lower pre-market.