| 🔔 BEFORE THE BELL: U.S. stock futures declined on Tuesday, with the Nasdaq 100 dropping 1.9% as escalating Middle East conflict increased concerns regarding global economic growth. Geopolitical tensions and Iranian retaliatory strikes on regional infrastructure have led to a 7.4% surge in Brent crude to $83.47 a barrel, raising fears of a negative supply-side shock and sustained inflation. These developments have influenced market expectations that the Federal Reserve may maintain current interest rate levels for an extended period. Despite the broader market downturn, Target (TGT) shares rose 4% premarket after forecasting 2026 sales growth of 2%, and Best Buy (BBY) traded higher following a fourth-quarter earnings beat. |