financetom
Market
financetom
/
Market
/
US stock futures slip as Middle East war de-escalation remains uncertain
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US stock futures slip as Middle East war de-escalation remains uncertain
Mar 26, 2026 2:48 AM

March 26 (Reuters) - U.S. stock index futures were down on Thursday, following gains in the previous session, as investors remained cautious over developments in the Middle East while weighing the prospects of a de-escalation.

U.S. President ​Donald Trump said Iran was desperate to make a deal to end the fighting, contradicting the Iranian foreign minister who said Tehran was reviewing a U.S. proposal but had ​no intention of holding talks to wind down the conflict.

Conflicting signals from both sides left markets on edge, as hopes for a breakthrough to restore shipping through the crucial Strait of Hormuz remain uncertain.

"The relative calm in markets suggests some investor confidence that hostilities may eventually wind down, however slim that prospect remains," said Molly Schwartz, cross-asset macro strategist at Rabobank.

At 04:55 a.m. ET, Dow E-minis were down 242 points, or 0.52%, S&P 500 E-minis were down 39.5 points, or 0.59%, and Nasdaq 100 E-minis were down 177 points, or 0.73%.

Wall Street's main indexes closed higher on Wednesday after Washington delivered a proposal to Iran through Pakistan, while comments from Iranian officials suggested Tehran might be open to diplomatic offers even as it publicly denied any ongoing negotiations.

"Investors are trying to price out the war and price in a peace rally ahead of time, but risks remain elevated," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.

The oil price spike stemming from the conflict has revived inflation concerns, putting central banks in a tough spot with regards to interest rates.

Money market participants are no longer pricing in any easing from the U.S. Federal Reserve this year, after previously expecting about two rate cuts before the Iran conflict erupted, according to the CME Group's FedWatch Tool.

On the data front, investors will parse through a weekly reading of jobless claims numbers and comments from Fed Governors Lisa Cook, Stephen Miran, Michael Barr and Philip Jefferson.

Among individual movers, shares of Olaplex Holdings jumped 47% in premarket trading after Germany's Henkel agreed to buy the hair care brand in a $1.4-billion deal.

U.S.-listed shares of gold miners slipped as bullion prices declined more than 2%. Newmont slipped 2.8%, Sibanye Stillwater lost 3.7% and Harmony Gold shed 3%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Dow Falls 250 Points; US Initial Jobless Claims Rise
Dow Falls 250 Points; US Initial Jobless Claims Rise
Mar 26, 2026
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 250 points on Thursday. Following the market opening Thursday, the Dow traded down 0.56% to 46,171.31 while the NASDAQ fell 1.15% to 21,677.52. The S&P 500 also fell, dropping, 0.82% to 6,537.54. Leading and Lagging Sectors Energy shares climbed by 0.6% on Thursday. In trading on...
US STOCKS-Wall Street slides on Mideast de-escalation uncertainty
US STOCKS-Wall Street slides on Mideast de-escalation uncertainty
Mar 26, 2026
* Indexes down: Dow 0.54%, S&P 500 0.86%, Nasdaq 1.20% * Jefferies dips after posting Q1 profit below estimates * OECD warns Iran war erases global growth upgrade * Weekly jobless claims in line with estimates (Updates on market open) By Purvi Agarwal and Twesha Dikshit March 26 (Reuters) - Wall Street's main indexes dropped on Thursday following gains in...
US STOCKS SNAPSHOT-Wall St opens lower as Mideast de-escalation uncertainty weighs
US STOCKS SNAPSHOT-Wall St opens lower as Mideast de-escalation uncertainty weighs
Mar 26, 2026
March 26 (Reuters) - Wall Street's main indexes opened lower open on Thursday following gains in the previous session, as caution prevailed about developments in the Middle East while weighing the prospects for de-escalation in the conflict. The Dow Jones Industrial Average fell 84.8 points, or 0.18%, at the open to 46,344.64. The S&P 500 fell 36.0 points, or 0.55%,...
Gold Falls as Investors Turn to the Dollar With the War on Iran Threatening Higher Inflation
Gold Falls as Investors Turn to the Dollar With the War on Iran Threatening Higher Inflation
Mar 26, 2026
09:20 AM EDT, 03/26/2026 (MT Newswires) -- Gold futures fell early Thursday, retreating as oil prices rise along with the dollar and bond yields. Gold for April delivery was last seen down $113.90 to US$4,471.60 per ounce. The price of the precious metal is down 13% since the Feb. 28 start to the war on Iran. While normally seen as...
Copyright 2023-2026 - www.financetom.com All Rights Reserved