US stock futures fell on Tuesday as rising tensions between the US and Iran revived inflation concerns, with elevated oil prices adding pressure. <\/p>\n
Futures on the Dow Jones Industrial Average (YM=F<\/a>) were flat, while those on the S&P 500 (ES=F<\/a>) declined 0.4%. Contracts for the Nasdaq-100 (NQ=F<\/a>) retreated 1%, leading the major indexes lower after a downbeat start to the trading week.<\/a> <\/p>\n Oil prices climbed to their highest level in over two weeks after President Trump said he intends to inflict more economic pain on Iran and threatened to “bomb” Oman<\/a> if it interferes with the US’s plans for the Strait of Hormuz. <\/p>\n Brent crude (BZ=F<\/a>) futures, the international benchmark, hit $91 per barrel, and US benchmark West Texas Intermediate crude futures (CL=F<\/a>) rose to $84 per barrel as the US Strategic Petroleum Reserve plunged to its lowest level since 1982<\/a>. <\/p>\n Rising oil, an AI borrowing spree<\/a>, and concerns over government borrowing have also lifted bond yields globally. In the US, the 10-year Treasury yield (^TNX<\/a>) hit 4.72%, and the 30-year yield (^TYX<\/a>) advanced to 5.31%, a 19-year high. <\/p>\n Earnings, meanwhile, have supported equities so far this reporting season. While the second quarter reporting period has slowed, Home Depot’s (HD<\/a>) stock rose 1% before the bell after reporting an improvement in sales for the second quarter as customers leaned toward smaller projects over the summer. Toll Brothers (TOL<\/a>), and Klarna (KLAR<\/a>), are among others on deck. <\/p>\n","protected":false},"excerpt":{"rendered":"US stock futures fell on Tuesday as rising tensions between the US and Iran revived inflation concerns, with…\n","protected":false},"author":2,"featured_media":817614,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,801,968,55874],"class_list":["post-817613","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-iran","tag-president-trump","tag-us-stock-futures"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/817613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=817613"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/817613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/817614"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=817613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=817613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=817613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}