Dow Jones Futures: Oil Prices, Iran War Drive Stocks Lower; Nvidia GTC, Micron Earnings Due

Stock markets declined for a third consecutive week, pressured by surging oil prices linked to escalating Iran war tensions. Key support levels were breached or tested as geopolitical risks intensified. Oil prices spiked amid conflict-driven supply concerns, further destabilizing equities and exacerbating inflation fears. The prolonged downturn reflects investor anxiety over prolonged Middle East instability. Nvidia’s upcoming GTC conference (March 2026) is under scrutiny as AI demand and quantum computing advancements may influence its stock. Markets await potential announcements on next-gen chips. Micron’s earnings report, also due this week, could impact semiconductor stocks amid volatile market conditions. Memory chip demand and supply chain resilience remain critical focus areas. The Dow Jones futures signal continued bearish sentiment, with analysts warning of prolonged volatility unless geopolitical tensions ease or oil prices stabilize. Tech and energy sectors face heightened scrutiny.