Wall Street Looks Headed For Weak Start Amid Rising U.S.-Iran Tensions

U.S. stocks look headed for a weak start on Wednesday amid an escalation in Middle East tensions following reported U.S. airstrikes on Iranian targets and the decision to revoke a sanctions waiver that had allowed Iran to sell oil globally.

Investors will be looking forward to the minutes from the Federal Reserve’s most recent policy meeting, for clues about the central bank’s future policy moves.

U.S. President Donald Trump declared at the NATO Summit that the Iran ceasefire “is over,” raising fears of a larger conflict with Iran and Strait of Hormuz disruptions.