Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 8, 2026.<\/p>\n
Brendan McDermid | Reuters<\/p>\n
Stock futures were trading nearly flat early Wednesday after a losing day as oil prices continue their ascent.<\/p>\n
Dow Jones Industrial Average futures<\/a> lost 33 points. S&P 500<\/a> and Nasdaq 100 futures<\/a> were also little changed.<\/p>\n In Asia, Japan’s\u00a0Nikkei 225<\/a> was flat while the Topix added 0.27%. South Korea’s Kospi<\/a> gained 1.17%, and the small-cap Kosdaq rose 1.48%. Australia’s benchmark S&P\/ASX 200<\/a> was 0.2% lower. Hong Kong’s\u00a0Hang Seng index<\/a>\u00a0was flat, while mainland China’s CSI 300 inched 0.12% higher. <\/p>\n Oil prices rose as escalating tensions between the U.S. and Iran fuel concerns over further disruptions to Middle East energy supplies. U.S. benchmark\u00a0West Texas Intermediate<\/a>\u00a0futures for October delivery jumped 1.75% to $94.66 a barrel.\u00a0Futures for Brent crude<\/a>, the international benchmark, added 1.55% to $99.44 a barrel.<\/p>\n Oil’s after-hours rise follows an advance for crude in the session that put downward pressure on the three major averages in their first session<\/a> of a holiday-shortened trading week. The stock market was dark on Monday in observance of the Labor Day holiday.<\/p>\n The Dow<\/a> dropped 1.2% on Tuesday, marking its worst day in almost three weeks. The S&P 500<\/a> and Nasdaq Composite<\/a> slid 0.6% and 0.3%, respectively.<\/p>\n The 10-year U.S. Treasury<\/a> yield briefly climbed above<\/a> the closely watched 4.8% level on Tuesday as rising oil prices added to concerns about inflation. The action in yields further weighed down stocks in the session.<\/p>\n