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[MARKET UPDATE] US equity futures open slightly softer, while oil prices are lower by around 1% amid trade uncertainty after US President Trump announced to raise the global flat-rate tariff to 15% from 10% in response to the SCOTUS decision on tariffs

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Today's market highlights

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)