US stock futures rise despite Mideast tensions and Fed meeting focus

From Yahoo Finance: 2025-06-16 06:19:00

U.S. stock index futures rise despite tensions between Iran and Israel, with oil prices easing. Wall Street indexes dropped on Friday as oil surged. The G7 meeting in Canada addresses the conflict, with no resolution in sight. Crude prices slightly lower, Fed expected to keep rates steady with focus on Powell’s comments. Traders anticipate potential rate cuts this year. Key data includes retail sales and import prices. S&P 500, Nasdaq, and Dow E-minis all up. Sarepta Therapeutics shares drop 30% after second patient death. U.S. Steel gains 5% after Trump approves Nippon Steel bid.

Read more: US stock futures steady with focus on Mideast tensions, Fed meeting