Stock market today: Dow, S&P 500, Nasdaq futures slide as Wall Street weighs prospects for Iran truce

Market Overview - US stock futures experienced a pullback, with S&P 500 futures down 0.8%, Dow Jones Industrial Average futures down 0.7%, and Nasdaq 100 futures nearly 1% lower, reflecting uncertainty regarding US-Iran relations and the Middle East conflict [1][2] Oil Market Impact - Brent crude futures rose above $107, while West Texas Intermediate crude surpassed $94, driven by mixed signals regarding the potential for a ceasefire in the ongoing conflict [2] Economic Concerns - Growing fears of a US recession are emerging as the oil price rally could lead to higher costs for consumers, with attention on weekly initial jobless claims as markets evaluate the Federal Reserve's response to rising oil prices [3]