--- title: "Wall Street Set to Open Edge Lower Wednesday as Investors Monitor Middle East Conflict, Rising Oil Prices; Inflation Meets Forecasts" type: "News" locale: "en" url: "https://longbridge.com/en/news/278731043.md" description: "US stocks are set to open slightly lower as investors monitor Middle East tensions and rising oil prices. The Dow futures fell 0.4%, while S&P 500 and Nasdaq futures dropped 0.2%. The consumer price index rose 0.3% in February, matching forecasts. Oil prices surged, with Brent crude up 4.1% and WTI up 4.9%. In equities, Domo shares soared 41% after reporting earnings, while Kosmos Energy fell nearly 18% due to a public offering. Groupon shares dropped 9.8% after missing revenue forecasts." datetime: "2026-03-11T13:10:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278731043.md) - [en](https://longbridge.com/en/news/278731043.md) - [zh-HK](https://longbridge.com/zh-HK/news/278731043.md) --- # Wall Street Set to Open Edge Lower Wednesday as Investors Monitor Middle East Conflict, Rising Oil Prices; Inflation Meets Forecasts 09:10 AM EDT, 03/11/2026 (MT Newswires) -- US stocks look set to open slightly lower in Wednesday's trading session, as investors keep a wary eye on Middle East events and surging oil prices, while they parse inflation data that met analyst forecasts. The Dow Jones Industrial Average futures were down 0.4%, while S&P 500 futures and Nasdaq futures declined 0.2% each. The US consumer price index rose 0.3% in February, up from 0.2% the previous month, and matched analyst forecasts, according to a survey compiled by Bloomberg. The annual rate remained at 2.4%, which also met Street expectations. Monthly core CPI, which excludes food and energy components, met analyst forecasts with a 0.2% rise, from a 0.3% gain in January. Oil prices were soaring, with front-month global benchmarks North Sea Brent crude rising 4.1% to $91.87 per barrel, while US West Texas Intermediate crude was up 4.9% to $87.5 per barrel. In other world markets, Japan's Nikkei climbed 1.4%, Hong Kong's Hang Seng was off 0.2%, and China's Shanghai Composite gained 0.3%. Meanwhile, in Europe's early afternoon session, the UK's FTSE 100 declined 1%, while Germany's DAX fell 1.8% and France's CAC was down 1%. In equities, shares of Domo ( DOMO ) surged 41% after the company reported overnight a swing to fiscal Q4 non-GAAP earnings and higher revenue. Auna ( AUNA ) shares were up 19% after the company reported late Tuesday higher Q4 revenue. Oracle (ORCL) stock advanced 9.4%, after the company reported higher fiscal Q3 adjusted earnings and revenue Tuesday, while setting a higher-than-expected fiscal Q4 adjusted EPS outlook. On the losing side, Kosmos Energy ( KOS ) shares dropped nearly 18% after it said late Tuesday that it priced an underwritten public offering of 97.5 million of its common shares at $1.90 apiece for gross proceeds of about $185.3 million. Shares of Groupon ( GRPN ) were down 9.8% after it reported after hours Tuesday Q4 revenue that missed analyst forecasts. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [KOS.US](https://longbridge.com/en/quote/KOS.US.md) - [DOMO.US](https://longbridge.com/en/quote/DOMO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) ## Related News & Research - [Kosmos Energy to Host First Quarter 2026 Results and Webcast on May 5, 2026 | KOS Stock News](https://longbridge.com/en/news/282790965.md) - [Kosmos Energy (KOS) Is Down 15.5% After Goldman Sachs Flags Debt And Project Risks – Has The Bull Case Changed?](https://longbridge.com/en/news/282637518.md) - [Former US Treasury Secretary Yellen says one Fed rate cut possible this year](https://longbridge.com/en/news/282774857.md) - [ANZ lifts oil price forecasts on Middle East supply losses](https://longbridge.com/en/news/282597798.md) - [Finance ministers warn Middle East conflict to weigh on growth and markets](https://longbridge.com/en/news/282853472.md)