Markets pause as Middle East tensions weigh on stocks; futures hover near flat
TL;DR
U.S. stock futures hovered near flat after Monday’s broad decline driven by renewed Middle East tensions, with the Dow down about 557 points (1.13%), and the S&P 500 and Nasdaq also lower as oil prices rose. Investors await key earnings and data (trade deficit, JOLTS) while energy led gains and materials lagged; notable after-hours movers included Palantir, Pinterest and Duolingo.
- Stock futures are little changed as Wall Street eyes latest developments in Middle East and oil prices: Live updates CNBC
- Stock Market News, May 4, 2026: Oil Rises, Dow Falls on Fears of Escalation in Hormuz WSJ
- Oil jumps, stocks drop as Iran tightens grip on Strait of Hormuz Reuters
- Stock market today: Dow, S&P 500, Nasdaq drop as Hormuz tensions increase Yahoo Finance
- Dow Jones Futures: Iran Attacks Spark Stock Market Losses; Palantir Slides On Earnings Investor's Business Daily
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