Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City.
Spencer Pratt | Getty Images
Stock futures were mixed early Tuesday after traders suffered losses in the session as they tried to weather escalating tensions between Iran and the United States. Wall Street also awaited the release of key corporate earnings and the latest inflation data.
Dow Jones Industrial Average Futures It fell 103 points (0.2%). S&P500 futures flat, one hand Nasdaq 100 futures It rose by 0.37%.
Major U.S. stock indexes fell in regular trading after President Donald Trump said he would reinstate a blockade on Iranian ships passing through the crucial Strait of Hormuz.
“We are reinstating the Iran blockade, so named because it only blocks Iranian ships and customers from entering and exiting the country,” Trump said in a post on Truth Social.
The announcement caused oil prices to soar and stock prices to fall. On the day, the S&P 500 fell 0.8%, and the Nasdaq Composite fell 1.6%. The Dow Jones Industrial Average fell more than 100 points (about 0.3%). Brent crude oil soared more than 9%, its biggest single-day gain since 2020.
Asia-Pacific markets ended broadly higher on Tuesday. Japanese benchmark Nikkei Stock Average and korean Kospi The stock reversed its decline to close 0.7% higher. australian benchmark S&P/ASX 200 It ended flat. Mainland Chinese stocks ended the day up 2.15%.
Global government bond yields rose on Tuesday morning as investors worried that rising oil prices will keep inflation high.
European 10-year government bond yields rose around 4-5 basis points in early trading, with yields across all maturity levels on British government bonds reaching their highest levels since May.
In Asia-Pacific, 10-year bond yields in major markets rose between 5 and 8 basis points, with the exception of Japan, where yields fell by 7 basis points.
The volatility comes as Wall Street awaits the release of corporate earnings reports. JPMorgan Chase & Co., Goldman Sachs & Co. and Bank of America are among the companies scheduled to report before the bell Tuesday.
“Today was a little bit of an outlier. Everything was a little down today,” Michael Graham, director of research and investment strategy at Canaccord Genuity, said on CNBC’s “Closing Bell: Overtime.”
Analysts expect S&P 500 earnings to rise 23.6% in the second quarter from a year ago, according to FactSet.
Inflation data for June will also be released on Tuesday, and the latest consumer price index will be released at 8:30 a.m. ET. Federal Reserve Chairman Kevin Warsh is also scheduled to meet with lawmakers on Capitol Hill on Tuesday as part of a two-day “Humphrey Hawkins” briefing on monetary policy. This is the first time the new Fed chief has released the central bank’s semi-annual report.
