Dow Jones futures inch higher 0.06% to trade around 53,440 during European hours on Wednesday.
Meanwhile, S&P 500 futures remain steady near 7,710, and Nasdaq 100 futures edge lower 0.03%, trading near 29,580
US stock futures post mixed results as traders adopt a cautious stance driven by rising crude oil prices. Ongoing geopolitical friction between the United States (US) and Iran has sustained market concerns over global supply. US President Donald Trump confirmed that the US naval blockade remains in effect, noting that there are currently no active negotiations with Tehran.
Despite official assertions that the regional waterway is open and mines have been cleared, shipping risks stay elevated, resulting in severely restricted transit through the region. These pressures build on Tuesday’s regular trading session, where all three major benchmarks lost ground for a third consecutive day. The Dow Jones fell 0.22%, the S&P 500 declined 0.69%, and the Nasdaq Composite plunged 1.33%.