Equity futures show volatility as the Nasdaq, Russell, and S&P move lower while U.S. yields remain elevated. In the energy sector, crude prices have retreated toward $84 as the market weighs U.S. efforts to secure the Strait of Hormuz against potential supply disruptions. Precious metals like gold and silver have seen gains amid a softer dollar. Looking toward inflation, the market anticipates a sticky CPI report tomorrow, which may further delay expectations for a Federal Reserve rate move. The session also focuses on corporate earnings from Oracle and others, alongside significant U.S. Treasury auctions for 3-year and 10-year notes.
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