U.S. index futures experienced a decline as the ongoing conflict in the Middle East weighs heavily on market sentiments. Investors remain cautious, especially with the Federal Reserve showing hesitance to reduce interest rates, keeping financial markets on edge. Traders are closely monitoring the global situation as it continues to evolve, with implications for economic stability. Additionally, the extra holiday-thinned trading contributes to the low volumes and increased volatility. Market analysts suggest that without clarity from the Fed on monetary policy, uncertainty will persist among investors.