Dow Jones futures in red as oil rises amid Middle East tensions

Invezz
2026.03.06 08:32
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US stock index futures were mixed as rising oil prices and escalating Middle East tensions complicated the Federal Reserve's interest rate cut plans. S&P 500 futures rose 0.01%, while Nasdaq 100 futures increased by 0.04%. Dow Jones futures fell by 0.14%. Oil prices surged, with West Texas Intermediate crude up 2.92% and Brent crude rising 2.4%. The ongoing conflict in the region raises inflation concerns, potentially limiting the Fed's monetary policy flexibility. Technology stocks provided some support, with Broadcom's AI chip revenue projection boosting sentiment, despite mixed performance in travel and energy sectors.