Wall Street futures pointed mixed and muted pre-bell Wednesday, as crude prices ascended again following reports of renewed Iranian and US military strikes in the Persian Gulf.
In the futures, the S&P 500 fell 0.1%, the Nasdaq inclined 0.1% and the Dow Jones was off 0.4%.
West Texas Intermediate crude oil traded up 2.4% at $96.01 a barrel in morning hours.
Asian exchanges traded mostly higher overnight, with fresh all-time highs struck in Taiwan and Tokyo on AI sector optimism. European bourses tracked moderately lower midday on the continent.
Tech giants Broadcom (AVGO) and CrowdStrike (CRWD) plan to report earnings after-bell, among others.
On the economic calendar is the ADP Employment Report for May at 8:15 am ET, followed by the S&P Global US final composite purchasing managers index for May at 9:45 am.
The factory orders bulletin for April and the ISM Services Index for May log at 10 am.
The weekly EIA petroleum status report posts at 10:30 am.
The Beige Book, the Federal Reserve's compendium of business and economic reports from the 12 branches, is released at 2 pm.
Federal Reserve Governor Michael Barr and Dallas Fed President Lorie Logan are slated to speak on Wednesday.
In premarket action, Bitcoin traded at $67,186, and 10-year US Treasuries offered 4.49%. Spot gold commanded $4,460 an ounce.