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Dow Jones and Nasdaq set for cautious start as Gulf shipping attacks support oil prices
US futures were pointing to a cautious open on Wall Street, ahead of the release of US inflation data, as escalating attacks on shipping in the Strait of Hormuz keep oil prices elevated and nerves frayed across global markets. Dow Jones, S&P 500 and Nasdaq futures were all down around 0.1% to 0.15% ahead of February's consumer price index release.
US futures were pointing to a cautious open on Wall Street, ahead of the release of US inflation data, as escalating attacks on shipping in the Strait of Hormuz keep oil prices elevated and nerves frayed across global markets. Dow Jones, S&P 500 and Nasdaq futures were all down around 0.1% to 0.15% ahead of February's consumer price index release.