Stock market today: Dow, S&P 500, Nasdaq futures waver amid fresh inflation data, continued Iran fallout

Market Overview - US stock futures showed fluctuations as investors reacted to the ongoing Iran war and assessed the latest inflation report, which met expectations [1][2] - Concerns regarding the Iran war have led to increased volatility in oil markets, with crude prices rising due to attacks on vessels in the Strait of Hormuz [2][17] Inflation Data - The Consumer Price Index (CPI) for February indicated a 0.3% increase month-over-month and a 2.4% increase year-over-year, aligning with market expectations [5][6] - The core CPI, excluding food and energy, rose by 0.2% month-over-month and 2.5% year-over-year, also meeting expectations [6] - Notable increases in fuel oil prices (11.1%) and utility gas prices (3.1%) were attributed to cold weather conditions [7] Company Earnings - Oracle reported strong Q3 earnings, exceeding expectations and raising its 2027 revenue guidance to $90 billion, resulting in a nearly 10% increase in stock price [18][25] - CarMax shares rose by 8% following news of activist investor Starboard Value acquiring a $350 million stake and nominating board members to accelerate turnaround plans [13] Energy Sector Developments - Shell and other companies declared force majeure on LNG deliveries due to the shutdown of the Las Raffan LNG complex in Qatar, impacting the global LNG market [10][11] - The International Energy Agency (IEA) proposed a record release of reserves to mitigate supply issues and curb rising oil prices [3][25]