Stock market today: Dow, S&P 500, Nasdaq futures waver amid continued Iran fallout, with CPI on deck
Yahoo Finance·2026-03-10 23:13

Market Overview - US stock futures showed fluctuations as investors reacted to geopolitical tensions from the Iran war and anticipated inflation reports that could influence economic expectations and Federal Reserve policy [1][2] - The S&P 500 and Nasdaq 100 futures experienced slight gains, while Dow Jones Industrial Average futures dipped lower after a volatile trading session [1] Oil Market Dynamics - Concerns regarding the Iran war have led to increased volatility in the oil market, with crude prices rising due to reports of attacks on vessels in the Strait of Hormuz [2] - West Texas Intermediate and Brent crude futures traded above $85 and $86 per barrel, respectively, amid these geopolitical tensions [2] Inflation Reports - The International Energy Agency (IEA) proposed a record release of reserves to mitigate supply issues and curb rising oil prices, which had briefly approached $120 per barrel [3] - Upcoming inflation readings, including February's Consumer Price Index and January's Personal Consumption Expenditures index, are expected to provide insights into inflation trends and the overall health of the US economy [3][4] Company Earnings - Oracle reported strong third-quarter earnings, exceeding expectations and raising its 2027 revenue guidance to $90 billion, resulting in a nearly 10% increase in its stock price during premarket trading [8][16] - In contrast, Groupon's stock fell by 10% in premarket trading due to weaker-than-expected financial guidance, forecasting 2026 revenue between $513 million and $523 million, below analyst expectations [11][12]

Stock market today: Dow, S&P 500, Nasdaq futures waver amid continued Iran fallout, with CPI on deck - Reportify