US stock futures declined on Wednesday ahead of a significant jobs report that may influence interest rate decisions by the Federal Reserve. The Dow Jones Industrial Average futures fell 0.2%, and similar drops were noted for the S&P 500 and Nasdaq 100 futures, which decreased by 0.2% and 0.5% respectively. This pullback comes amidst challenges in US-Iran peace talks and follows a record-high close previously for the Dow. Investors are anticipating insights from the upcoming June jobs report, which could impact expectations for future rate hikes.

Something went wrong

Skip to navigation Skip to main content Skip to right column

LIVE Updated Today at 6:38 AM UTC

Stock market today: Dow, S&P 500, Nasdaq futures pull back as focus turns to jobs report

Amalya Dubrovsky and Karen Friar

Updated Wed, 1 July 2026 at 5:55 am GMT-41 min read

US stock futures pulled back on Wednesday amid signs that US-Iran peace talks have hit a new snag, as investors looked ahead to jobs data key to setting expectations for interest-rate hikes.

Dow Jones Industrial Average futures (YM=F) slid 0.2% on the heels of another record-high close, while those on S&P 500 (ES=F) also edged down 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) dropped 0.5%, having jumped Tuesday as chip stocks continued to climb.

YM=FES=F NQ=F

Advanced chart

Investors will receive fresh insight into the labor market with the release of the June jobs report on Thursday, capping the holiday-shortened week. The data will provide clues about the Federal Reserve's next move, including whether a rate hike later this year remains on the table.

Terms and Privacy Policy

Your privacy choices

Read Original at Yahoo Finance UK →