Wall St futures dip as Iran conflict drags on; Nvidia results awaited
U.S. stock futures slipped as investors weighed rising geopolitical risks from the U.S.-Iran conflict, higher oil prices and elevated Treasury yields ahead of key earnings. Nvidia’s quarterly report on Wednesday is the focal point for the market’s AI-driven rally, while Walmart’s results on Thursday will be watched for signs of consumer stress from fuel costs. Despite the pullback, major indexes had recorded consecutive weekly gains and earlier hit record highs. Oil’s climb and hotter inflation data kept rate expectations elevated, adding pressure to risk assets and leaving markets in a cautious, mixed stance.