U.S. stock futures are slightly lower Monday as renewed U.S.–Iran tensions pushed Brent crude above $90, increasing concerns about inflation and the Federal Reserve’s interest-rate path. Despite today’s cautious tone, the Dow, S&P 500 and Nasdaq remain on track for monthly gains in August. 📊 Market Snapshot Dow Futures: ~-0.2% S&P 500 Futures: ~-0.2% to -0.3% Nasdaq Futures: ~-0.2% 10-Year Treasury Yield: ~4.7% Brent Crude: ~$90+ Bitcoin: ~$78K 🛢️ Oil & Geopolitical Risk Renewed tensions involving the U.S., Iran and the Strait of Hormuz have pushed oil prices higher. Higher crude prices could increase inflation pressure and make the Fed more cautious about cutting rates. Energy stocks remain in focus, while higher yields and oil prices could create pressure on growth and technology stocks. 🏦 Federal Reserve & Interest Rates Markets are increasingly focused on the possibility of a September rate hike, with expectations rising sharply following recent hawkish comments from Fed Chair Kevin Warsh. This makes Treasury yields and Friday’s U.S. jobs report particularly important for the market this week. 🍎 #AAPL — Major Leadership Transition Today is Tim Cook’s final day as Apple CEO after 15 years. John Ternus takes over as CEO on September 1, while Cook remains with Apple as Executive Chairman. Investors will focus on Ternus’s AI strategy, product innovation and execution, particularly ahead of Apple’s upcoming product cycle. 🤖 AI & Technology Stocks #NVDA and other AI-related stocks remain in focus following Nvidia’s strong earnings and outlook last week. Memory stocks such as #MU and #SNDK also remain on watch as AI infrastructure demand continues to support semiconductor spending. 📅 Today’s Economic Events Dallas Fed Manufacturing Survey — 10:30 AM ET⭐️ 3-Month Treasury Bill Auction — 11:30 AM ET 6-Month Treasury Bill Auction — 11:30 AM ET The bigger macro focus this week will be U.S. employment data on Friday, which could significantly influence Fed expectations and market direction. 🎯 Market Theme #Oil + #FedRates + #AAPL Leadership Change + #AI Stocks + #JobsReport ⚠️ Key takeaway: The market remains supported by strong technology/AI earnings, but higher oil prices, geopolitical risk and rising rate expectations could create near-term volatility. Watch Treasury yields, oil and technology leadership before chasing market moves.