Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line,

Donald Trump’s legal battle around global tariffs has deepened this week.

At the same time, the Bureau of Labor Statistics this week reported that both producer and consumer prices increased just 0.1% on a monthly basis, pointing toward little upward pressure from the duties. Economists still largely expect the tariffs to show an impact in the coming months.

Bitcoin witnessed a dramatic fall, dropping below $103,000 as the news of Israel's airstrikes on Iran emerged. The cryptocurrency market as a whole felt the impact of the escalating geopolitical tensions,

The Dow Jones Industrial Average (DJIA) is still trading into the high end of recent congestion on Tuesday. Market momentum remains limited overall as traders brace for a one-two punch of trade headlines and key post-tariff Consumer Price Index (CPI) inflation data due on Wednesday.

Wall Street indexes dipped due to rising Middle East tensions and unclear US-China trade deals. Boeing fell after a deadly crash in India. Gold prices rose and tech stocks were mixed. Investors expect interest rates to remain unchanged,