Dow Jones futures fall 0.22% below 50,000 during European hours ahead of the United States (US) regular opening on Thursday.
Meanwhile, the S&P 500 decline 0.27% to near 7,430, and the Nasdaq 100 futures plunge 0.42% toward 29,250
US stock futures move lower as traders adopt caution on increased risk aversion due to United States (US)-Iran uncertainty and hawkish Federal Reserve (Fed) monetary policy signals. US President Donald Trump stated that negotiations with Iran were in their final stages. However, Trump reiterated to resume military actions within days if Iran rejects his terms.
The Federal Open Market Committee (FOMC) Minutes for the April meeting, released on Wednesday, indicate that a majority of Federal Reserve (Fed) officials warned that the central bank would likely need to consider raising interest rates if inflation remains persistently above their 2% target. The minutes underscored deepening concerns within the Fed regarding inflation risks driven by the ongoing geopolitical conflict. Wall Street posted solid gains on Wednesday, driven by falling oil prices and lower Treasury yields following comments from President Trump.