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Stock futures are higher as Wall Street eyes latest developments in Middle East and oil prices: Live updates

CNBC·Lisa Kailai Han·27 days ago
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A trading floor manager works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were higher Tuesday, a day after the major averages suffered declines amid growing concerns that conflict in the Middle East could escalate once more. S&P 500 futures rose 0.4%, while Nasdaq-100 futures gained 0.6%. Futures tied to the Dow Jones Industrial Average added 132 points, or 0.3%. Crude prices declined across the board, giving equity futures a boost. West Texas Intermediate dipped 2% to around $104 per barrel. Brent lost 1.3% to trade at $112.96. Stocks fell on Monday after the United Arab Emirates said on Monday that Iran launched drones and missiles against it , putting an already fragile ceasefire between the U.S. and Iran on even shakier ground. The U.S. reportedly said that it had sunk Iranian boats in the Strait of Hormuz. Admiral Brad Cooper, who leads U.S.…

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