US stock futures traded mixed amid reports that the US launched strikes against Iran.
Futures attached to the Dow Jones Industrial Average (YM=F) hovered around the flatline. Futures attached to the benchmark S&P 500 (ES=F) fell roughly 0.3%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) tumbled more than 1%.
Tensions between the US and Iran ramped back up after a US Apache helicopter was downed on Monday near the Strait of Hormuz. On Tuesday, Trump said Iran had attacked the helicopter and vowed a response.
Stocks closed mixed in day trading on Tuesday as investors rotated out of the AI trade amid concerns the protracted war with Iran could force the Federal Reserve to hike rates in response to rapidly rising prices.
Investors will get further insight into the dynamic on Wednesday with the release of May’s CPI report. Analysts expect the report to show prices rose again, which would up bets on a rate hike landing this year.
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Stock market coverage for Wednesday, June 10, 2026.
