U.S. equity futures hold near flat as oil and yields ease on Iran hopes

  • U.S. equity futures ended little changed as oil and Treasury yields eased.
  • 0.02%: Dow futures fell eight points, while S&P 500 and Nasdaq-100 futures slipped.
  • Traders will monitor General Mills, Paychex and H.B. Fuller earnings Wednesday.

U.S. equity futures were little changed late Tuesday as oil prices and bond yields eased amid hopes for potential de-escalation in the war between the U.S. and Iran. Dow futures fell 8 points, or 0.02%, while S&P 500 futures slipped 0.01% and Nasdaq-100 futures declined 0.02%. In regular trading, the Dow fell 0.4%, the Nasdaq Composite rose 0.5% for a fourth consecutive gain, and the index reached both a new all-time intraday high and a record close. The S&P 500 edged lower and remained about 0.7% below its all-time high. Brett Ewing, chief market strategist at First Franklin Financial Services, said the index could reach 8,200 by year-end, after the firm raised its target from 8,000 in August. President Donald Trump said U.S. and Iranian officials held a three-hour meeting during the annual United Nations General Assembly gathering in New York, calling it a very good meeting. Earlier, Trump said he faced a big decision on whether to reach a deal with Tehran or annihilate the country. Brent crude oil and West Texas Intermediate each slipped roughly 1%. Treasury Secretary Scott Bessent said the U.S. was considering a full or partial diesel export ban after the national average price reached $6.53 per gallon, according to AAA. Traders will watch General Mills and Paychex earnings Wednesday morning, followed by H.B. Fuller in the afternoon.

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