--- title: "Stock Futures Pinched by Oil, Iran Escalation" type: "News" locale: "en" url: "https://longbridge.com/en/news/296498205.md" description: "US stock futures fell due to rising oil prices and bond yields, exacerbated by President Trump's hawkish rhetoric on Iran. The Dow and Nasdaq dropped significantly, with Walmart shares down 5% on weak guidance and Wolfspeed plunging 10.7% after a revenue miss. Meanwhile, Asian markets rose, shrugging off yield pressures, while European indices declined slightly amid higher borrowing costs in Germany." datetime: "2026-08-20T13:16:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296498205.md) - [en](https://longbridge.com/en/news/296498205.md) - [zh-HK](https://longbridge.com/zh-HK/news/296498205.md) generator: "portal-rs" --- # Stock Futures Pinched by Oil, Iran Escalation Stock futures are swimming in red ink this morning, as **oil prices** bubble over and bond yields resume their climb. The 10-year Treasury yield has rebounded from yesterday's decline, last seen at 4.7%. Front-month crude is 3.3% higher at last check, after President Donald Trump declared in a Truth Social post the U.S. will undergo the “most crushing economic operation ever taken against any country” against Iran, calling it “ economic Warfare and Isolation on an unprecedented scale.” Futures on the Dow Jones Industrial Average (DJI) and Nasdaq-100 (NDX) futures are down triple digits this morning, the former also being dinged by a lackluster earnings report from Walmart (WMT). *Continue reading for more on today's market, including:* - The **alternative energy stock** almanac you didn't know you needed. - How **gold stocks** are reacting to the bond yield rollercoaster. - Plus, more on Walmart; WOLF cools off; and investors take Moderna profits. ## 5 Things You Need to Know Today 1. The Cboe Option Exchange saw roughly 2.9 million call contracts and 1.5 million put contracts traded on Wednesday. The single-session equity put/call ratio fell to 0.52, while the 21-day moving average remained at 0.59. 2. **Walmart Inc (NASDAQ:WMT)** stock is 5% lower ahead of the bell, after a lower-than-expected full-year guidance overshadowed a top-line beat for the second quarter. The retailer also reported its slowest sales growth since 2020. WMT is set to breach its year-to-date breakeven level today and will be testing a floor at $110. 3. **Wolfspeed Inc (NYSE:WOLF)** stock is 10.7% lower before the open, after the semiconductor name reported a revenue miss that overshadowed a slimmer-than-expected second quarter miss. TD Cowen reinstated coverage with a "hold" rating and $25 price target. **Wolfspeed stock** is up 67% in 2026 heading into today. 4. The shares of **Moderna Inc (NASDAQ:MRNA)** are 10% lower in electronic trading. The prolific drugmaker is cooling off from its 177% explosion yesterday, as investors take profits from the **cancer vaccine breakthrough**. MRNA sports a 491% gain in 2026. 5. **Dow names** due for earnings this week. Asian Stocks Soar, Shrug Off Yield Pressure Asian markets moved higher on Thursday, after the U.S. Treasury Department moved to ease bond-market fears and stabilize long-term yields. Japan's Nikkei rose 1.4%, after exports jumped 23.2% year over year in July, marking their fastest growth since October 2022 amid strong semiconductor shipments. South Korea's Kospi surged 5.9%, while Hong Kong's Hang Seng added 0.8%. China's Shanghai Composite gained 0.2%, after the People's Bank of China left its key lending rates unchanged for a 15th-straight month. European markets are lower at midday as oil prices rise. London's FTSE 100 is down 0.5% at last glance, while France's CAC 40 and Germany's DAX are 0.4% and 0.6% lower, respectively. Germany's borrowing costs climbed to a 15-year high amid increased defense spending needs and a broader rise in global bond yields. ### Related Stocks - [WOLF.US](https://longbridge.com/en/quote/WOLF.US.md) - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [USOI.US](https://longbridge.com/en/quote/USOI.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [CBOE.US](https://longbridge.com/en/quote/CBOE.US.md) - [MRNA.US](https://longbridge.com/en/quote/MRNA.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) ## Related News & Research - [Wolfspeed’s AI data-center sales increase. Why the stock is falling on earnings.](https://longbridge.com/en/news/296485888.md) - [Wolfspeed (NYSE:WOLF) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS](https://longbridge.com/en/news/296398818.md) - [Oil set for second weekly rise as unsettled US-Iran war crimps supply](https://longbridge.com/en/news/296555193.md) - [Oil edges up on uncertainty over exports through Hormuz](https://longbridge.com/en/news/296282399.md) - [Euro zone bonds join global selloff, yields hit multi-year highs](https://longbridge.com/en/news/296188704.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**