Nasdaq, Dow, S&P 500 Futures Begin September on Weak Footing Amid Rising Oil Prices
U.S. stock futures opened lower on Tuesday as investors approached September cautiously after a strong August.
Rising oil prices and Treasury yields have revived concerns about inflation and the Federal Reserve's rate path, contributing to the weak start to the month.
Apple is also in focus as it begins its CEO transition with John Ternus taking over from Tim Cook, while its legal fight with OpenAI continues.
Nvidia's deal with Anthropic has seen its shares rise 2% in early premarket trade, and Palo Alto Networks and Dell Technologies are trending ahead of their earnings reports today.