{"id":70581,"date":"2026-03-03T12:56:34","date_gmt":"2026-03-03T12:56:34","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/03\/03\/wall-street-sees-red-at-open-7\/"},"modified":"2026-03-03T12:56:34","modified_gmt":"2026-03-03T12:56:34","slug":"wall-street-sees-red-at-open-7","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/03\/03\/wall-street-sees-red-at-open-7\/","title":{"rendered":"Wall Street Sees Red At Open"},"content":{"rendered":"
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The latest developments in the Middle East and worsened oil supply concerns might have a direct reflection on Tuesday’s Wall Street market sentiments. Initial signs from the U.S. Futures Index suggest that Wall Street might open significantly down. <\/p>\n

U.S. President Donald Trump suggested the war may last four to five weeks or more. <\/p>\n

Asian shares finished lower, while European shares are trading mostly down. In the Asian trading session, gold ticked lower toward $5,300 an ounce, while the dollar held gains. Oil prices continued to rise. <\/p>\n

As of 7.35 am ET, the Dow futures were losing 706.00 points, the S&P 500 futures were down 95.00 points and the Nasdaq 100 futures were sliding 454.00 points.<\/p>\n

The U.S. major averages finished broadly up. The Nasdaq rose 80.65 points or 0.4 percent to 22,748.86. The S&P 500 also inched up 2.74 points at 6,881.62, while the narrower Dow dipped 73.14 points or 0.2 percent to 48,904.78.<\/p>\n

On the economic front, 4-week and 8-week treasury bill auction will be held at 11.00 am ET. <\/p>\n

Four month Treasury bill auction will be held at 11.00 am ET. <\/p>\n

Six-week Treasury bill auction will be held at 11.30 am ET. <\/p>\n

New York Fed President John Williams will speak before the ACU Governmental Affairs Conference 2026 organized by America’s Credit Unions at 9.55 am ET. <\/p>\n

Kansas City Fed President Jeffrey Schmid will speak on monetary policy and the economic outlook before the Metro Denver Executive Club at 10.10 am ET. <\/p>\n

Minneapolis Fed President Neel Kashkari will participate in conversation before the 2026 Bloomberg Invest Conference at 11.55 am ET. <\/p>\n

Asian stocks fell sharply on Tuesday. China’s Shanghai Composite index fell 1.43 percent to 4,122.68. Hong Kong’s Hang Seng index dipped 1.12 percent to 25,768.08.<\/p>\n

Japanese markets<\/span> lost ground. The Nikkei average slumped 3.06 percent to 56,279.05. The broader Topix index ended down 3.24 percent at 3,772.17.<\/p>\n

Australian markets fell sharply. The benchmark S&P\/ASX 200 tumbled 1.34 percent to 9,077.30. <\/p>\n<\/p>\n

Business News<\/p>\n<\/div>\n