Dow futures are falling, the S&P 500 and Nasdaq are rising in premarket trading as the stock market deals with surging oil prices and inflation fears amid strikes between the U.S. and Iran.

Major U.S. stock indexes pulled back Wednesday as global benchmark oil prices rose above $100 a barrel for the first time since July. Meanwhile, the 10-year yield surged after the Treasury Department said it was going to implement a buyback operation up to a maximum of $6 billion,

According to the CME Group 's ( CME -0.27%) FedWatch tool, which analyzes the 30-day fed funds futures market to predict potential interest rate moves, Wall Street thinks there is a 50% chance the Fed will hike rates at the September meeting. That probability could spike if this Friday's CPI numbers are hotter than expected.

The stock market dropped Wednesday as oil prices and Treasury yields continued to rise. Up next is key inflation data on Thursday.

Here are some of the stocks making notable moves in Wednesday's premarket action: Shares of Casey's General Stores are down more than 8% after the convenience-store chain's earnings were bolstered by

Warren Buffett is considered one of the most successful investors in history. And his holding company, Berkshire Hathaway, has returned a jaw-dropping 5,502,284% from 1965 to 2024, trouncing the S&P 500 's 39,

As summer winds down and pumpkin spice takes over, investors may be taking time to relax over the holiday weekend following August’s earnings rush. Here’s what to know about trading hours this Labor Day.