U.S. stock index futures moved slightly higher Thursday night as escalating tensions between the United States and Iran in the Strait of Hormuz pressured investor sentiment and pulled Wall Street away from recent record highs. Despite geopolitical uncertainty, strong confidence in artificial intelligence continued to support technology stocks and limited broader market losses.
S&P 500 Futures gained 0.2% to 7,377.25 points, while Nasdaq 100 Futures climbed 0.3% to 28,767.0 points. Dow Jones Futures also rose 0.1% to 49,768.0 points during late trading activity. Investors remained focused on the impact of the Middle East conflict on global markets and the upcoming U.S. nonfarm payrolls report, which could provide fresh signals on Federal Reserve interest rate policy.
The U.S. military confirmed it intercepted Iranian attacks targeting three American warships traveling through the Strait of Hormuz. Iran accused Washington of violating an existing ceasefire after U.S. strikes reportedly hit several locations near the strategic waterway. Tehran has continued efforts to strengthen control over the strait, a critical route for global oil shipments.
President Donald Trump stated that the ceasefire agreement remains active, describing the latest military exchange as “a love tap.” However, he later warned Iran of additional strikes if negotiations failed to progress quickly.
Renewed military activity weakened hopes for a near-term U.S.-Iran peace agreement, especially after both nations previously indicated signs of diplomatic progress earlier in the week. The uncertainty dragged major U.S. indexes lower during Thursday’s session. The S&P 500 declined 0.3%, the Nasdaq Composite slipped 0.1%, and the Dow Jones Industrial Average fell 0.6%.
Technology and semiconductor stocks saw mild profit-taking after recent rallies, although enthusiasm surrounding AI-driven growth continued to support the sector. Investors are now closely monitoring Friday’s nonfarm payrolls data to assess the strength of the U.S. labor market and potential economic disruptions caused by the Iran conflict. Analysts believe the Federal Reserve may keep interest rates unchanged for the remainder of the year amid ongoing geopolitical and economic uncertainty.


Asian Chip Stocks Rally as Treasury Yields Ease
Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High
South Korea Producer Prices Rise 0.2% in August
US Stock Futures Dip After Wall Street Rally
Oil Prices Rise as Houthi Strikes on Riyadh Fuel Middle East Tensions
Oil Prices Fall as Saudi Supply Concerns Ease
US-China Talks Target AI, Tariffs Ahead of Trump-Xi Summit
Wall Street Mixed as Treasury Yields Rise After Fed Hike
Europe Jet Fuel Deficit Drives South Korean Imports to Four-Year High
Bessent, He Lifeng to Discuss AI Security and Trade in New York
Bolivia Approves $1.9 Billion IMF Financing Deal
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets
Canada Eyes India Trade Deal by Year-End
Gold Prices Rise as Oil and Treasury Yields Fall
Gold Prices Hold Steady Ahead of Trump-Xi Summit, Middle East Risks
Bessent Presses Japan on Fiscal Policy as Yen Struggles 



