Why Are Stock Market Futures Down Today, 3/2/26?

2026-03-03 01:32:03

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U.S. stock futures were lower Monday night, primarily due to escalating geopolitical tensions following joint military strikes by the U.S. and Israel against Iran. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average DJIA +0.13% ▲ , and the S&P 500 Index (SPX) were down 0.33%, 0.24%, and 0.26%, respectively, at 8:24 p.m. EST on March 2.

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Major indices ended mixed Monday as markets reacted to the Middle East turmoil, while oil and gold prices moved higher. The Nasdaq rose 0.4% and the S&P 500 inched up 0.1%, but the Dow slipped 0.2%.

Ahead of the market close, _Reuters _reported that Iranian state media claimed the Strait of Hormuz had been shut and warned it would set fire to any ship trying to pass. Earlier in the day, President Trump warned Iran that a “big wave” of military strikes could still be coming, urging Tehran not to retaliate further.

Overall, markets remain on edge as investors brace for further geopolitical fallout and its potential impact on global trade and energy supplies.

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