India, June 3 -- The major U.S. index futures are currently pointing to a modestly lower open on Wednesday, with stocks likely to give back ground after inching higher over the past few sessions.
Uncertainty about the situation in the Middle East may weigh on Wall Street, as negotiations between the U.S and Iran continue to drag on.
U.S. Central Command said U.S. forces successfully defeated multiple Iranian ballistic missiles and drones and conducted "self-defense" strikes on Qeshm Island in response to attempted attacks by Iran on Tuesday.
The ongoing military exchanges have contributed to a sharp increase by the price of crude oil, with U.S. crude oil futures surging by nearly 3 percent.
However, stocks have recently been able to shr...