US Futures Slip as Trump Deadline Nears
2026-04-07 00:29
By
Jam Kaimo Samonte
1 min. read
US stock futures fell on Tuesday as investors braced for President Donald Trump’s looming deadline for Iran to reopen the Strait of Hormuz.
Trump warned he could strike Iranian power plants and bridges unless his demands are met by 8 p.m.
Eastern Time, though he noted that ongoing talks with Tehran are progressing well.
Meanwhile, Iran cautioned that it would retaliate against potential US strikes on civilian infrastructure by escalating attacks on energy assets in the Gulf, potentially worsening the global energy shortage.
In regular trading on Monday, the Dow Jones Industrial Average rose 0.36%, the S&P 500 gained 0.44%, and the Nasdaq Composite climbed 0.54%.
Eight of the 11 S&P sectors ended higher, led by consumer discretionary, energy, and consumer staples.
Investors now turn to durable goods orders data due Tuesday, along with key inflation figures on Friday.
Earnings from Delta Air Lines are also in focus this week, with results expected Wednesday.