India, June 3 -- Latest developments show that there are no signs of ending the ongoing Middle East conflict as expected. The war is felt across the globe with price escalations and delay in supply chains.

In the Asian trading hours, oil prices extended gains for a third consecutive session. Brent crude futures for August delivery were up 2.2 percent.

Gold subdued to $4,461 an ounce.

Early signs from the U.S. Futures Index suggest that Wall Street might open broadly down.

As of 7.55 am ET, the Dow futures were losing 143.00 points, the S&P 500 futures were down 6.25 points and the Nasdaq 100 futures were up 73.00 points.

The U.S. major averages finished higher on Tuesday. The Dow added 228.91 points or 0.45 percent to finish at 51,307....