US Futures Steady Amid Iran Strikes
2026-07-09 00:15
By
Jam Kaimo Samonte
1 min. read
US stock futures stabilized on Thursday as investors assessed the impact of escalating tensions in the Middle East after the US military confirmed it had carried out strikes on Iran for a second straight day.
Markets remain concerned that higher energy prices could reignite inflationary pressures and prompt the Federal Reserve to raise interest rates sooner than previously expected.
In regular trading on Wednesday, the Dow and S&P 500 fell 1.09% and 0.28%, respectively, while the Nasdaq Composite edged up 0.2%.
Materials, financials, and real estate were the weakest-performing sectors, whereas energy and technology stocks posted gains.
Investors are now awaiting the latest weekly jobless claims and existing home sales figures for fresh clues on the interest rate outlook.
Earnings reports from PepsiCo, Progressive, Cintas, and other major companies are also due.