U.S. stock futures showed little change Thursday evening as Wall Street extended its selloff amid surging oil prices and Middle East tensions. The S&P 500 futures edged 0.1% higher to 6,843.50 points, while Dow futures rose 0.1% to 25,072.75 points. Oil prices jumped over 8% during the session, intensifying inflation concerns and weighing on equities.

Major indexes closed lower, with the Nasdaq dropping 1.6%, the S&P 500 falling 0.6%, and the Dow declining 0.3%. Higher energy prices pressured corporate margins and consumer spending while complicating the Federal Reserve's inflation control efforts. Investors sought safer assets amid volatility, with geopolitical risks amplifying market uncertainty ahead of Friday's crucial jobs report.

The February nonfarm payrolls report looms as a key market driver, with economists forecasting 58,000 jobs added and unemployment holding near 4.3%. The data will influence Federal Reserve rate cut expectations, as a resilient labor market could justify keeping interest rates higher for longer. Recent economic strength and geopolitical tensions have tempered expectations for aggressive monetary easing this year.