Stock futures were steady Tuesday as investors remained cautious ahead of

Stock futures hold flat ahead of the July CPI report as oil prices stay elevated and U.S.-Iran conflict keeps market sentiment cautious.

(Bloomberg) -- A rally in oil prices left stocks wavering while bond yields climbed, with trader anxiety building just days ahead of key inflation reports.

Oil prices managed to retain their gains as optimism regarding a deal in the Strait of Hormuz dissipated, sparking renewed fears of inflation. Treasury yields increased, and the…