Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 8, 2026.
Brendan McDermid | Reuters
Stock futures traded lower early on Wednesday after a losing day in the previous session, as oil prices continue their ascent.
Dow Jones Industrial Average futures dropped 0.24%, as of 5:47 a.m. ET. S&P 500 futures advanced by less than 0.1%, while Nasdaq 100 futures fell 0.14%.
In Europe, the Stoxx 600 was down 0.69%, with the U.K.’s FTSE 100 down 0.32% and Germany’s DAX sliding 0.68%. The French CAC 40 meanwhile dipped 0.95%, as the Italian FTSE MIB shed 1.27%.
In Asia, Japan’s Nikkei 225 closed 0.19% lower, while South Korea’s Kospi rose 1.40%. Australia’s benchmark S&P/ASX 200 fell 0.11%. Mainland China’s CSI 300 closed 0.30% higher.
Oil prices rose as escalating tensions between the U.S. and Iran fuel concerns over further disruptions to Middle East energy supplies. Futures for Brent crude, the international benchmark, added more than 2% to break $100 a barrel for the first time since July.
Oil’s after-hours rise follows a session advance in crude that put downward pressure on the three major averages in their first session of a holiday-shortened trading week. The stock market was dark on Monday in observance of the Labor Day holiday.
The Dow dropped 1.2% on Tuesday, marking its worst day in almost three weeks. The S&P 500 and Nasdaq Composite slid 0.6% and 0.3%, respectively.
The 10-year U.S. Treasury yield briefly climbed above the closely watched 4.8% level on Tuesday as rising oil prices added to concerns about inflation. The action in yields further weighed down stocks in the session.
It’s “a little bit of a speed bump,” said Kara Murphy, investment chief at Kestra Investment Management, on CNBC’s “Closing Bell.” “There’s a little bit less to focus on with the earnings front, so I think the market has sort of shifted its attention now to the risk side.”
There are no major economic data releases or corporate earnings reports slated for release on Wednesday. Later in the week, traders will monitor readings on inflation for signals on how the Federal Reserve may move interest rates.