US Futures Retreat
2026-04-13 11:40
By
Andre Joaquim
1 min. read
Futures tracking US stocks were lower on Monday, setting the pace for a global pullback in equity markets as escalation in the Middle East conflict lifted oil prices and maintained risks of stagflation.
Contracts tracking the S&P 500, Nasdaq 100, and Dow were more than 0.5% lower.
The US delegation led by Vice President Vance failed to strike an agreement with Iran over the weekend, jeopardizing the current ceasefire and prompting President Trump to announce a blockade of tankers with Iranian energy out of the Arabian Sea.
Oil and gas prices surged as the conflict was prolonged, lifting bond yields and consolidating macroeconomic headwinds for credit-sensitive and speculatory sectors of the US stock market.
Chip producers and datacenter operators fell pre-market, with Nvidia, AMD, and Amazon down more than 1%.
Meanwhile, banks and asset managers were mixed ahead of their earnings this week, set to unveil risks on higher yields and vulnerabilities to private credit stress.