Stock Futures Flat as Oil Prices Rise 2.1%, Fed Minutes Awaited

Stock futures were little changed on Tuesday, with the Dow Jones Industrial Average futures falling by 29 points and S&P 500 and Nasdaq 100 futures both down 0.1%. Rising tensions in the Middle East and a 2.1% increase in West Texas Intermediate oil prices to $71.87 per barrel contributed to market stagnation. The U.S. Treasury revoked a license allowing Iran to sell oil globally, impacting investor sentiment. Ordinary investors should note that the upcoming Federal Open Market Committee minutes may influence market direction, especially concerning potential interest rate hikes as inflation pressures persist.