(Il Sole 24 Ore Radiocor) - Milano, 19 mag - US futures were lower after a stumble for tech stocks as investors weighed the latest developments in the Middle East.

Wall Street ended mixed yesterday as rising bond yields pressured the tech sector. The Dow closed up 0.3%, the S&P 500 fell 0.1% while the tech-heavy Nasdaq shed 0.5%.

In comments yesterday, US president Donald Trump said, at the request of Gulf allies, he had called off military strikes against Iran scheduled Tuesday, claiming 'serious negotiations' were under way with a 'very good chance' of a deal on Iran's nuclear program.

Investors are keen to see a deal that might reopen the Strait of Hormuz, the narrow waterway that handled roughly a fifth of global energy flows before the conflict. The Strait's closure has crimped global energy supplies, rekindling inflationary pressure.

On the stock's front, shares in cloud providers CoreWeave and Nebius were down 3.7% and 3.4%, respectively, in premarket trade after Alphabet and Blackstone said they were creating an AI cloud company using Google's specialized chips.

Futures on the Dow Jones were down 67.00 points, or 0.13%, S&P 500 futures were down 26.75 points, or 0.36%, while.

futures on the Nasdaq were down 179.00 points, or 0.62%.

(RADIOCOR) 19-05-26 13:47:28 (0425) 5 NNNN