A trading floor manager works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. <\/p>\n
Michael Nagle | Bloomberg | Getty Images<\/p>\n
U.S. stock futures were higher early Tuesday after the major averages suffered declines amid growing concerns that conflict in the Middle East could escalate once more.<\/p>\n
S&P 500 futures<\/a> traded 0.18% higher, while Nasdaq 100 futures<\/a> gained 0.27%. Futures tied to the Dow Jones Industrial Average<\/a> added 75 points, or 0.15%.<\/p>\n Stocks fell across the board on Monday, with the blue-chip Dow<\/a> falling 557.37 points, or 1.13%. The S&P 500<\/a> lost 0.41%, while the tech-heavy Nasdaq Composite<\/a> slipped 0.19%.<\/p>\n The losses came after the United Arab Emirates said on Monday that Iran launched drones and missiles against it<\/a>, putting an already fragile ceasefire between the U.S. and Iran on even shakier ground.<\/p>\n The U.S. reportedly said that it had sunk Iranian boats in the Strait of Hormuz. Admiral Brad Cooper, who leads U.S. Central Command, said on Monday afternoon<\/a> that American forces had eliminated six small Iranian boats that were attempting to interfere with commercial shipping, Reuters reported. However, Iranian state media denied that the boats had been sunk.<\/p>\n Oil prices rose in Monday’s regular session. In extended trading, U.S. West Texas Intermediate crude futures<\/a> fell 1%.<\/p>\n Despite this ramp up in Middle East tensions and Monday’s losses, Morgan Stanley Wealth Management’s Dan Skelly still sees reason to stay optimistic.<\/p>\n “You’ve seen this pattern before where \u2014 last year in April, with Liberation Day \u2014 big sell-off, big recovery. Now with the war in the Middle East, it’s almost like the market is treating geopolitics and some of these domestic policy shocks like pop-up ads along a longer, winding narrative centered on AI, the economy and resilient earnings,” the firm’s head of market research and strategy said on CNBC’s “Closing Bell: Overtime<\/a>” on Monday afternoon. He added that companies have been posting strong earnings reports thus far.<\/p>\n Pfizer<\/a>, DuPont<\/a>, PayPal<\/a>, HSBC<\/a>, Anheuser-Busch InBev<\/a>, Marathon Petroleum<\/a>, Duke Energy<\/a> and Shopify<\/a> are among the companies reporting earnings before Tuesday’s opening bell. On the economic front, traders will be watching for a report on the U.S. trade deficit and the latest Job Openings and Labor Turnover Survey.<\/p>\n","protected":false},"excerpt":{"rendered":"A trading floor manager works on the floor of the American Stock Exchange (AMEX) at the New York…\n","protected":false},"author":3,"featured_media":774312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[259682,316412,68294,133,64,81,91320,144,26045,25921,67107,152483,207579,135,91322,143,47645,15008,91321,145,119289,134,16285,67,132,68,108600],"class_list":{"0":"post-774311","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-lco26n","9":"tag-lco26v","10":"tag-anheuser-busch-inbev-sa","11":"tag-breaking-news-markets","12":"tag-business","13":"tag-business-news","14":"tag-dow-jones-fut-sep25","15":"tag-dow-jones-industrial-average","16":"tag-duke-energy-corp","17":"tag-dupont-de-nemours-inc","18":"tag-hsbc-holdings-plc","19":"tag-ice-brent-crude-oct25","20":"tag-marathon-petroleum-corp","21":"tag-markets","22":"tag-nasdaq-100-fut-sep25","23":"tag-nasdaq-composite","24":"tag-paypal-holdings-inc","25":"tag-pfizer-inc","26":"tag-sp-500-fut-sep25","27":"tag-sp-500-index","28":"tag-shopify-inc","29":"tag-stock-markets","30":"tag-suppress-zephr","31":"tag-united-states","32":"tag-unitedstates","33":"tag-us","34":"tag-wti-crude-sep25"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116520581074640346","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/774311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=774311"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/774311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/774312"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=774311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=774311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=774311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}