Wall Street futures pointed lower pre-bell Tuesday as interest rates and crude prices rose, following the official death knell of Washington-Tehran ceasefire negotiations Monday, after the 60-day memorandum of understanding between the two capitals expired.
In the futures, the S&P 500 fell 0.5%, the Nasdaq declined 1.2% and the Dow Jones was flat, as tech shares sagged.
Yields on 10-year US Treasuries touched 4.73%, testing 21-year highs.
West Texas Intermediate crude oil traded up 0.2% to $83.94, in morning action.
The VanEck Semiconductor fund (SMH) traded down 3% pre-bell.
In earnings news, Home Depot (HD) traded up 2.1% in morning hours after the home-improvement chain reported fiscal Q2 earnings and revenue above expectations, in pre-bell release.
Asian exchanges traded mostly lower overnight, led by losses in AI- and semiconductor-shares.
European bourses tracked moderately south midday on the continent.
On the economic calendar is the housing starts and permits bulletin for July, and the import and export prices report for July, at 8:30 am ET.
The industrial production report for July logs at 9:15 am.
The pending home sales index for July posts at 10 am, along with the Q2 e-commerce retail sales release.
In premarket action, Bitcoin traded at $64,128 and spot gold commanded $4,394 an ounce.