US Futures Slip on Middle East Tensions
2026-06-09 23:58
By
Jam Kaimo Samonte
1 min. read
US stock futures declined on Wednesday after the US launched “self-defense strikes” against Iran in response to the downing of an American helicopter, escalating tensions in the region.
Investors also awaited the release of US inflation data for fresh signals on the Federal Reserve’s policy outlook, after stronger-than-expected jobs figures last week reinforced expectations of an interest rate hike before the end of the year.
In regular trading on Tuesday, the S&P 500 and Nasdaq Composite fell 0.26% and 0.97%, respectively, while the Dow gained 0.17%.
Semiconductor stocks remained under pressure, with the iShares Semiconductor ETF dropping more than 3% after surging 6% on Monday.
The fund had tumbled 10% on Friday, marking its steepest one-day decline in six years, as investors grew increasingly concerned that the AI-driven rally in chip stocks had become overheated.