Traders work on the floor of the New York Stock Exchange (NYSE) on September 15, 2026 in New York City, USA.
Gina Moon | Reuters
U.S. stock futures rose slightly on Sunday night after the Dow Jones Industrial Average fell for the third consecutive week.
Dow Jones Industrial Average futures rose 129 points, or 0.25%. S&P 500 futures and Nasdaq 100 futures rose 0.23% and 0.27%, respectively.
The moves come in the wake of the recent escalation of fighting in the Middle East over the weekend. The Iranian-backed Houthis announced Saturday that they had attacked Saudi Arabia with missiles and drones. Later that day, the US State Department warned Americans to reconsider traveling to the Middle East as the US and Iran exchanged threats to renew attacks.
Investors are coming off a three-week losing streak in the Dow Jones Industrial Average, which fell 1.7%, its worst performance since March. The S&P 500 fell about 0.1%. Only the tech-heavy Nasdaq rose, rising 0.7%.
The Dow’s rebound came after the Federal Reserve raised interest rates for the first time in three years last week as the U.S. struggles to contain persistent inflation and rising bond yields. Oil prices remain close to $100 per barrel. The yield on the 10-year US Treasury note is also hovering around 5%.
This could heighten the importance of this week’s important summit between US President Donald Trump and Chinese President Xi Jinping, which will address tariffs, critical minerals, artificial intelligence and other economic issues. Prior to his visit, Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng.
“The same geopolitical conflicts that are driving up energy prices are also what are keeping (the Federal Reserve) hawkish and putting pressure on Chinese refiners,” said Jeffrey Roach, chief economist at LPL Financial. “The[Fed Chair’s]Warsh Committee has conditioned its inflation outlook on calming oil markets, and Beijing’s fiscal calculations use the same variables.”
