Stock Futures Slip in Holiday-Thinned Trading

1. U.S. index futures fell 0.4% amid geopolitical tensions and Fed's rate decisions. 2. Iran-Israel conflict raised fears of wider tensions and disrupted oil supply. 3. Federal Reserve projected a divergence in rate cut expectations among policymakers. 4. Brent crude prices increased 23% this month, affecting inflation outlook. 5. European central banks are cutting rates, contrasting with Fed's cautious stance.