Wall Street futures slip as higher oil prices fuel inflation worries ahead of Fed meeting
Here's a summary of the Daily Edge by TradeZero: S&P 500 6,699.38 (+1.01%) Dow Jones 46,946.41 (+0.83%) NASDAQ 22,374.18 (+1.22%) Market close: March 16, 2026 Breaking News Wall Street futures slip due to higher oil prices and inflation worries ahead of Federal Reserve meeting. Middle East conflict pushing oil prices near $100 a barrel, threatening the Strait of Hormuz. Cooling from a tech-driven rebound; S&P 500 saw biggest one-day jump in a month. Nvidia projects AI chip revenue opportunity of at least $1 trillion through 2027; shares flat premarket after 1.6% rise. EdgeUp Bitcoin surprises as oasis of calm while Iran war jolts markets: Bitcoin pushes through $75,000, gaining nearly 14% since the war, while equities, gold, and oil show volatility. Goldman Sachs warns oil’s biggest shock will hurt fuels most: Disruptions from the Middle East war expected to impact refined products like jet fuel and diesel more than crude oil. Beyond Meat to dela...