Stock market today: Dow, S&P 500, Nasdaq futures slip after stocks bounce back amid 3-week losing streak

Futures linked to the Dow Jones Industrial Average (YM=F) slid 0.3%. Contracts tied to the S&P 500 (ES=F) and Nasdaq 100 (NQ=F) fell 0.4% and 0.5%, respectively.

During Monday’s regular session, the large averages moved higher aft crude prices retreated from past week’s crisp rally. The benchmark S&P 500 (^GSPC) climbed 1%, rebounding aft ending the erstwhile week astatine its lowest level of the twelvemonth from tensions linked to the US-Israeli warfare with Iran.

A pullback successful crude prices besides helped enactment equities. Brent (BZ=F) crude settled down astir 3% astatine conscionable implicit $100 a barrel, portion West Texas Intermediate (CL=F) crude dropped implicit 5% to adjacent astatine $93.50.

Energy markets person been volatile since the commencement of the attacks connected Iran. Despite US Treasury Secretary Scott Bessent claiming Iranian lipid tankers are presently being allowed to determination done the Strait of Hormuz, Trump's "demands" for a multinational effort to escort vessels done the strait stay unanswered.

Market participants are besides preparing for the Federal Reserve’s adjacent argumentation announcement Wednesday, erstwhile the Federal Reserve is acceptable to present its 2nd involvement complaint determination of the year. Expectations for near-term complaint cuts person eased amid renewed ostentation concerns, with 99.1% probability of rates remaining astatine existent levels, according to CME FedWatch.

On the firm calendar, investors are parsing the accusation coming retired of Nvidia's (NVDA) highly anticipated GTC event. Jensen Huang, the CEO of the planetary spot behemoth, announced a slew of deals and said the institution sees $1 trillion successful spot income done the extremity of 2027.

Earnings proceed to trickle through, with reports from Tencent (TME), DocuSign (DOCU) and Oklo (OKLO) owed connected Tuesday.

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