FX.co ★ US Futures Steady Despite Mounting Geopolitical Risks

US stock futures showed minimal movement on Monday as investors assessed the growing geopolitical tension stemming from the escalating conflict between Israel and Iran. On Friday, the Dow Jones Industrial Average plunged 1.79%, the S&P 500 declined by 1.13%, and the Nasdaq Composite decreased 1.3%. This market downturn followed Israel's military offensive against Iran, where it targeted nuclear facilities and key officials. Iran's swift retaliation has intensified the conflict into open warfare. Throughout the weekend, both nations continued to attack each other's energy infrastructure, leading to a renewed surge in oil prices. Additionally, Iran's threat to close the Strait of Hormuz—a vital corridor for global oil transit—has further unsettled market sentiment. In the midst of these developments, the Federal Reserve is anticipated to maintain interest rates at their current level during its forthcoming meeting, despite mounting pressure from President Trump to ease the policy. The central bank is navigating an intricate landscape of tariff-related uncertainties and increasing geopolitical instability.