Stocks may move to the downside in early trading on Monday, extending the sharp pullback seen during last Friday's session. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent.
Lingering concerns about the conflict in the Middle East may weigh on Wall Street, as President Donald Trump warned Iran the "clock is ticking."
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.