Markets edge lower as U.S.-Iran strikes spark risk ahead of CPI data
TL;DR
U.S. stock futures slipped after U.S. launched self-defense strikes against Iran, with S&P 500 and Nasdaq futures down about 0.3% and Dow futures off around 161 points; oil rose about 1% to near $89 as tensions escalated. In regular trading, the Dow edged up about 0.17% while chip stocks dragged, and investors await May CPI data due Wednesday (consensus 4.2% y/y, 0.5% m/m), a signpost for inflation amid ongoing geopolitical risk and AI-led market moves.
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- Stocks Get Tech Boost as Oil Declines Below $90: Markets Wrap Bloomberg.com
- Trading Day: When the chips are down Reuters
- Stock Market News, June 9, 2026: Dow ends the day higher, while S&P 500 and Nasdaq close lower due to tech selloff; oil prices fall after Trump says Iran deal could be reached in 'two or three days' MarketWatch
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