Dow Futures Slide as Brent Oil Nears $115, Fed Inflation Warning and Micron Drop Rattle Wall Street
U.S. stock futures fell early Thursday as Brent crude hovered near $115 after Iranian strikes on Gulf energy sites. S&P 500 futures dropped 0.4%, Nasdaq 100 futures slid 0.53%, and the Cboe Volatility Index rose to 26. The Federal Reserve held rates steady at 3.50%-3.75% and signaled only one cut this year. Oil prices briefly hit $119.13 before easing; European shares and gas prices also fell.