Wall Street Futures Dip Amid Mideast Tensions and PCE Data
US futures fell as Mideast tensions rose and investors awaited PCE data. The inflation report will influence Federal Reserve interest rate expectations.
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United States stock index futures fell in the morning after Dow E-minis dropped 111 points and Nasdaq 100 E-minis slid 0.51%. The decline follows a record-high close on Wednesday and coincides with escalating military tensions between Washington and Iran. Investors are pivoting toward defensive positions as energy supply risks rise and key PCE inflation data approaches.
