Futures Flat, Oil Jumps After Iran Peace Talks Break Down

ZeroHedge
2026.05.11 12:37
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US equity futures are slightly down as peace talks between the US and Iran collapse, leading to a rise in energy commodities and bond yields. Despite this, stocks remain resilient, particularly in the semiconductor sector, which continues to attract investor interest. Key macroeconomic data is expected this week, including CPI and PPI reports. Notable stock movements include Babcock & Wilcox rising 12% after strong revenue growth, and Monday.com soaring 25% after raising its revenue forecast. Overall, global equities are at record highs amid optimism around AI and strong earnings, but face challenges from potential inflation shocks.