US Futures Slip to Start the Week

2026-08-30 23:49 By Jam Kaimo Samonte 1 min. read

US stock futures slipped on Monday as oil prices jumped after the US military targeted Iranian rocket launchers preparing to deploy mines into the Strait of Hormuz, marking the first such attack in more than a month.

Investors also digested hawkish signals from Federal Reserve Chair Kevin Warsh, who reiterated his commitment to bringing inflation down, strengthening bets for an interest rate hike in September.

Meanwhile, the Dow is up 2.05% in August, on track for its fifth consecutive monthly gain.

The S&P 500 and Nasdaq Composite have also advanced 2.96% and 4.05%, respectively, this month, supported by strong performance in technology stocks.

Investors now turn their attention to Friday’s August jobs report for further clues about the health of the economy.

On the corporate front, earnings are due this week from Broadcom, Dell, Palo Alto Networks and Snowflake, among others.



News Stream
US Futures Slip to Start the Week
US stock futures slipped on Monday as oil prices jumped after the US military targeted Iranian rocket launchers preparing to deploy mines into the Strait of Hormuz, marking the first such attack in more than a month. Investors also digested hawkish signals from Federal Reserve Chair Kevin Warsh, who reiterated his commitment to bringing inflation down, strengthening bets for an interest rate hike in September. Meanwhile, the Dow is up 2.05% in August, on track for its fifth consecutive monthly gain. The S&P 500 and Nasdaq Composite have also advanced 2.96% and 4.05%, respectively, this month, supported by strong performance in technology stocks. Investors now turn their attention to Friday’s August jobs report for further clues about the health of the economy. On the corporate front, earnings are due this week from Broadcom, Dell, Palo Alto Networks and Snowflake, among others.
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