Market Overview - Major stock indexes, including the Dow Jones Industrial Average and S&P 500, traded lower ahead of Tuesday's open, with Dow futures down 0.3% and S&P 500 futures also down 0.3% [1] - The tech-heavy Nasdaq 100 futures fell 0.3% as well [1] - Oil prices experienced a significant drop, falling nearly 6% to around $89.40 per barrel [1] Company Highlights - Taiwan Semiconductor Manufacturing Company (TSMC) saw a 0.4% increase in premarket trading, rebounding from the 50-day moving average [1] - TSMC reported a 22% year-over-year increase in sales for February, amounting to approximately $10 billion [1] - Hewlett Packard Enterprise (HPE) shares slipped 0.4%, while Kohl's (KSS) stock plunged over 5% in early trading [1] Economic Indicators - Existing home sales data for February is expected to be released, with projections indicating a decline to 3.88 million from 3.91 million in the previous month [1] - The consumer price index for February is anticipated to be released on Wednesday, gaining importance following a recent disappointing jobs report [1]
Stock Market Today: Dow Dips After Trump's Iran Comments As Oil Prices Tumble (Live Coverage)