Dow Jones, S&P 500, and Nasdaq 100 futures retreat as Tehran rejects IAEA inspection claims after US-Iran talks.
US stock futures extended losses during European trading hours Tuesday, with Dow Jones futures down 0.72% near 51,750. S&P 500 futures fell 1.4% to 7,430, while Nasdaq 100 futures declined 2.29% to 29,950, reversing earlier optimism over US-Iran diplomacy.
The downturn followed Iran’s denial of a US claim that Tehran would allow International Atomic Energy Agency inspectors back into the country. Iran’s foreign ministry stated no new commitments were made regarding nuclear inspections, despite recent bilateral talks in Washington aimed at ending the conflict.
Investors also weighed a hawkish Federal Reserve policy outlook, which overshadowed temporary geopolitical relief. The prior session saw the S&P 500 and Nasdaq 100 slide 0.37% and 1.32%, respectively, while the Dow Jones edged higher.