Markets tempered as inflation worries and Fed rate-hike bets weigh futures

U.S. stock futures slipped on Tuesday as investors weighed persistent inflation concerns and the possibility of further Federal Reserve rate increases. Dow, S&P 500, and Nasdaq futures fell roughly 0.5%–1%, stock volatility rose with oil near $90 a barrel amid geopolitical strains with Iran, and the 10-year yield climbed toward 4.75%. Traders are eyeing JOLTS, ISM data, and Friday’s jobs report, while earnings from Dell and Palo Alto Networks could shed light on corporate tech and cloud spending in a still-challenging market environment.