Major U.S. stock index futures, including the Dow, S&P 500, and Nasdaq, extended their losses in early trading. This downturn comes as tensions between the United States and Iran continue to escalate.
Concurrently, Treasury yields have begun to creep higher, and oil prices are also on the rise. Analysts attribute these market movements to growing concerns over the situation in the Middle East, which is impacting investor risk appetite.
The broader market is experiencing a selloff in bonds, contributing to the pressure on stocks as investors seek safer assets. This is a developing story and will be updated as details emerge.