U.S. stock futures slide sharply as geopolitical tensions rise ahead of key inflation data due later Wednesday.
U.S. stock futures plunged Wednesday, with the Dow Jones Industrial Average falling 500 points after President Donald Trump threatened Iran over delays in peace negotiations. The decline reflects investor unease over escalating geopolitical risks before the Labor Department releases consumer price index data later in the day.
Prior to the drop, futures had traded with modest losses as markets awaited the inflation report, which is expected to influence Federal Reserve policy. Taiwan Semiconductor Manufacturing (TSM) and Nvidia (NVDA) were among early decliners, weighing on tech sentiment.
The market reaction underscores heightened volatility as traders balance geopolitical developments with economic indicators.