Stock Market Today:  Dow Jones, S&P 500, Nasdaq 100 Futures Fall as Iran Threatens to Target Undersea Cables

U.S. stock futures declined on Tuesday, as the Dow Jone, S&P 500, and the Nasdaq 100 indices fell, following Monday's mixed close.

Privately-owned housing starts fell to a seasonally adjusted annual rate of 1.22 million in September, marking a 5.2% decrease from August's revised estimate and a 7.4% drop year-over-year.

Iranian Foreign Minister Abbas Araghchi accused French President Emmanuel Macron of trying to deflect responsibility for France’s unrest after previously expressing support for U.S. military action against Iran.

Reuters reported French authorities imposed curfews in parts of Paris, Lille and Nice on Monday after a weekend of riots and looting linked to nationwide anti-government protests.

Separately, Iran’s IRGC spokesperson Hossein Mohebi threatened to target undersea communication cables in the Strait of Hormuz, saying that “all of the world’s internet and commercial data depend on them," reported Al Jazeera.

Tuesday features highly anticipated third-quarter earnings reports from Netflix Inc. (NASDAQ:NFLX), General Motors Co. (NYSE:GM), GE Aerospace (NYSE:GE), 3M Co. (NYSE:MMM), and RTX Corporation (NYSE:RTX).

Meanwhile, the 10-year Treasury bond yielded 5.11%, and the 2-year Treasury bond yielded 4.76%, at the last check. The CME Group’s FedWatch tool projections show markets pricing in an 82.8% likelihood of the Federal Reserve keeping interest rates unchanged after its October meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket trading on Tuesday. The SPY was down 0.34% at $763.88, while the QQQ declined 0.77% to $712.86.