S&P 500, Dow Set to Open Lower as Gulf Tensions Send Oil to Multi-Week Highs

17:17 - 8.09.2026


September 8, Fineko/abc.az. US stock index futures for the benchmark S&P 500 and the Dow Jones Industrial Average pointed to a lower open on Tuesday. Fresh Middle East hostilities drove crude oil prices to their highest levels since late July, dampening investor risk appetite ahead of critical US inflation data scheduled for release later this week.

During the holiday-shortened trading week following Labor Day, Wall Street focus centers heavily on Friday’s Consumer Price Index (CPI) report. Geopolitical risks—escalated by Houthi drone and missile strikes on Saudi energy facilities—have reignited energy-driven inflation fears, raising market expectations that the Federal Reserve may maintain tighter monetary policy for longer.