Stock Market Update

Equity futures remain lower as rising interest rates around the globe and higher oil prices amid continued U.S.-Iran tensions are keeping inflation concerns in focus ahead of the opening bell. 

Iranian President Masoud Pezeshkian said Iran is willing to return to the memorandum of understanding with the U.S., provided Washington also fulfills its commitments. The comments might ordinarily be expected to ease some of the geopolitical premium in crude prices, but oil has continued to climb, suggesting traders remain skeptical that the offer will lead to an immediate de-escalation and are awaiting a response from President Trump.