S&P 500 futures slip as traders watch for Strait of Hormuz deal, inflation data

The S&P 500 dropped 2.1% for the week and the Nasdaq fell 3.2% as surging oil prices, the ongoing US-Israel war on Iran, and growing stagflation concerns drove markets to their lowest levels in seven months

The US-Israeli war on Iran enters day 26 with no ceasefire in sight. The Strait of Hormuz remains shut, diplomacy is stalled, and the UN is calling for an immediate end to hostilities.

The Trump administration agreed to pay French energy giant TotalEnergies nearly $1 billion to abandon two planned offshore wind farms off the coasts of New York and North Carolina, redirecting the investment into oil, gas, and LNG projects instead.

Deer play a crucial role in ecosystems by regulating plant growth through grazing, serving as prey for large predators, and cycling nutrients back into the soil through waste and decomposition. They also spread seeds, supporting forest regeneration. Protecting deer and their habitats helps sustain the broader web of life that depends on them.

Artificial intelligence didn’t begin with chatbots or billionaires—it started centuries ago with math, models, and a desire to predict the future. This article breaks down the foundations of AI, starting with regression, in plain language.