Wall Street Stalled by Middle East Tensions: All Eyes on the Fed's Rate Decision

17:27 - 3.09.2026


September 3, Fineko/abc.az. U.S. stock futures pointed to a mixed opening on Thursday as escalating military conflicts in the Middle East and rising oil prices weighed on market sentiment. Dow futures edged up 0.28%, while S&P 500 futures rose 0.06% and Nasdaq futures slipped 0.13%.

Investors are closely tracking Friday's upcoming U.S. payrolls data for clues on Federal Reserve monetary policy, with traders now pricing in a 62% chance of a September rate hike. In corporate news, Broadcom fell 3.32% after its AI-driven revenue forecast missed high expectations, whereas Snowflake surged 23.18% on a strong annual sales outlook, lifting the broader software sector.