U.S. stock futures are down this morning, with the Dow, S&P 500, and Nasdaq all seeing declines. This comes as investors assess ongoing developments in international relations and economic indicators.
Markets are reacting to progress in talks regarding an Iran deal, which has been a key focus for investors. During the initial day of these discussions, President Trump issued a warning to Tehran concerning the Strait of Hormuz.
Alongside geopolitical developments, investors are also anticipating a crucial upcoming report on inflation. Asian markets, meanwhile, showed mixed results, with some shares rallying. This is a developing story and will be updated as details emerge.