New Drone Incidents in Middle East Keep Tensions High, Drag US Equity Futures Pre-Bell

fidelity
2026.05.18 11:58
portai
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US equity futures fell pre-bell as tensions in the Middle East escalated following drone incidents reported by the UAE and Saudi Arabia. Dow futures dropped 0.7%, S&P 500 futures fell 0.4%, and Nasdaq futures decreased by 0.4%. President Trump urged Iran to act swiftly to resolve the conflict. Oil prices also declined, with Brent crude at $109.12 per barrel. The May US housing market index is expected to remain unchanged at 34. Financial results from companies like Home Depot and Nvidia are due this week.