Japan Producer Prices Surge in May, Strengthening Expectations of BOJ Rate Hike 
US Stocks Rebound as Iran Eases Military Operations; Tech Shares Lead Wall Street Recovery 
Wall Street Rebounds as Chip Stocks Rally and Iran-Israel Tensions Ease 
Wall Street Ends Mixed as Iran Tensions, OpenAI IPO Filing, and Inflation Concerns Weigh on Markets 
Dollar Near Two-Month High as Strong U.S. Jobs Data Boosts Fed Rate Hike Expectations 
Gold Prices Slide Nearly 2% Ahead of Key U.S. Inflation Data and Rising Middle East Tensions 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
US Dollar Slips Ahead of Key Inflation Data as Middle East Tensions Weigh on Markets 
Asian Currencies Stabilize as Strong U.S. Jobs Data Boosts Dollar and Fed Rate Hike Expectations 
Japan Wholesale Inflation Accelerates to 6.3% in May, Exceeding Forecasts 
US Dollar Dips as Middle East Tensions Ease; Markets Await Key US Inflation Data 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Asian Stocks Slide, Oil Prices Climb as Middle East Tensions and Inflation Fears Shake Markets in 2026 
Gold Prices Ease as Markets Await Key U.S. Inflation Data and Fed Rate Outlook 
Oil Prices Fall Despite Rising U.S.-Iran Tensions as Markets Watch Strait of Hormuz Developments 
China Trade Surplus Surges in May 2026 as Exports and AI-Driven Imports Accelerate 
South Korea Q1 GDP Growth Revised Higher as AI-Driven Exports Boost Economic Outlook 
U.S. stock index futures moved lower on Tuesday evening as renewed military action involving Iran dampened investor confidence and raised fresh concerns about geopolitical stability. Market participants are also closely watching upcoming U.S. inflation data, which could provide important clues about the Federal Reserve’s next interest rate decision.
By late evening trading, S&P 500 Futures declined 0.2% to 7,373.75, while Nasdaq 100 Futures also dropped 0.2% to 29,058.50. Dow Jones Futures fell 0.3% to 50,759. The pullback reflected growing uncertainty across financial markets as tensions in the Middle East intensified.
Investor optimism surrounding a potential U.S.-Iran peace agreement weakened after the U.S. military confirmed additional strikes against Iran. According to U.S. Central Command, the operations were conducted in self-defense following the reported downing of an Apache attack helicopter. Reports indicated that a second round of strikes was launched later in the evening, further escalating tensions.
The latest developments overshadowed recent hopes for diplomatic progress after Iran and Israel reportedly paused hostilities earlier in the week. Markets are now assessing the possibility of further retaliation and the broader impact on global stability and energy prices.
Wall Street ended Tuesday with mixed results. The S&P 500 slipped 0.3%, while the Nasdaq Composite fell nearly 1% as technology stocks struggled to maintain momentum. The Dow Jones Industrial Average managed a modest gain of 0.2%.
Semiconductor and artificial intelligence-related stocks remained under pressure as investors questioned the sustainability of recent gains in the AI sector. Server manufacturer Super Micro Computer (NASDAQ: SMCI) dropped more than 9% in after-hours trading after announcing plans to raise $7 billion through equity-related offerings to finance hardware investments.
Attention now shifts to the U.S. Consumer Price Index (CPI) report for May. Economists expect both headline inflation and core inflation to remain elevated, largely due to higher energy costs. The inflation report could significantly influence expectations for Federal Reserve policy and shape the direction of U.S. stock markets in the coming weeks.
