U.S. stock futures fell sharply on Sunday evening as the Trump administration showed no signs of backing off from a wide-ranging plan to impose tariffs.

The U.S. stock market fell from its records Friday and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond

US stock futures are down 0.4% to 0.5% as tensions in the Middle East escalate, casting uncertainty over peace talks. The US Navy's seizure of an Iranian vessel has renewed fears over oil transport, coinciding with an impending ceasefire deadline.

Nasdaq and S&P 500 futures fell over 1% as surging Treasury yields and rising inflation fears, fueled by the Middle East conflict, threatened to stall the AI-driven stock rally.

Stocks surged and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an agreement to end the

Global semiconductor stocks skidded after a summit between President Trump and Chinese leader Xi Jinping concluded without major chip deals or a breakthrough on Nvidia’s sales to the country.

U.S. markets dipped (S&P -0.4%, Dow -1.1%) from records amid Middle East escalations undermining the Iran ceasefire.