US stock futures edge higher after Iran jitters spark deep losses; PCE data on tap

US stock futures rose slightly as the market recovered from a steep decline caused by tensions surrounding Iran. Investors are closely monitoring the upcoming Personal Consumption Expenditures (PCE) data, which is an important indicator of inflation and consumer spending. The market sentiment remains cautious as geopolitical risks and economic data may influence trading. In the aftermath of the Iranian tensions, stocks in the energy sector experienced notable volatility. Overall, investors are positioned for potential market shifts depending on economic indicators and global developments.