Futures Slump, Ignoring Korean Euphoria , After Iran Rejects Trump Enriched Uranium Demands

ZeroHedge
2026.05.21 11:42
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US equity futures fell as optimism from a surge in Korean stocks faded after Iran rejected Trump's uranium demands, causing oil prices to rise. Nvidia's earnings failed to boost the AI sector, while Intuit's stock dropped 13% due to workforce cuts. Aevex Corp. and Applied Digital saw gains after positive earnings and contracts. Samsung avoided a strike with a last-minute union deal. Overall, market sentiment weakened amid geopolitical tensions and concerns over inflation.