U.S. stock index futures fell on Sunday night as market participants reacted to heightened geopolitical uncertainties following U.S. airstrikes on Iran’s nuclear facilities. Confirmed by President Donald Trump, these strikes have raised apprehensions about a potential conflict in the Middle East, especially after Tehran warned of “lasting consequences.”

Futures Response to New Tensions

• S&P 500 Futures: -0.3% to 5,997.0

• Nasdaq 100 Futures: -0.5% to 21,746.5

• Dow Jones Futures: -0.3% to 42,376.0

Oil prices experienced a brief surge, while equity markets exhibited caution in light of potential Iranian reprisals, with reports indicating plans to block the Strait of Hormuz, a major shipping channel for energy.

Monitoring Economic Indicators and Fed Comments Ahead

Markets are also preparing for:

• Preliminary PMI data for June, expected to illustrate slower business growth.

• Jerome Powell’s two-day testimony before Congress, starting Tuesday, anticipating insights on interest rates and inflation patterns.

Last week, the Federal Reserve maintained rates while adjusting its future rate-cut outlook for 2026, citing continuing inflation concerns and uncertainties generated by tariffs.

Keep Track of Federal Projections and Economic Trends

To understand how Federal Reserve predictions and macroeconomic data influence equity valuations, visit Entreprenerdly.com. It provides live metrics such as forward P/E ratios, interest coverage, and debt analysis for S&P 500 constituents.