US Futures Ease on Middle East Uncertainty
2026-05-11 00:00
By
Jam Kaimo Samonte
1 min. read
US stock futures edged lower on Monday as uncertainty surrounding the Middle East conflict intensified after President Donald Trump described Iran’s response to his peace proposal as “TOTALLY UNACCEPTABLE.” The Strait of Hormuz remains effectively closed as Washington and Tehran continue to struggle toward a diplomatic resolution, keeping energy prices elevated and fueling concerns about inflation.
Investors are also awaiting April US inflation data for further signs of how rising oil prices are feeding into broader price pressures across the economy.
On the corporate side, earnings reports due this week include results from Constellation Energy, Fox Corporation, Barrick Mining, Applied Materials, and Ross Stores, among others.
Last week, the S&P 500 and Nasdaq Composite advanced 2.33% and 4.51%, respectively, with both indexes reaching fresh record highs, supported by solid corporate earnings and continued momentum in technology shares.