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Dow futures tumble 250 points: 5 things to know before market opens
Wall Street futures fell on Monday after weekend negotiations between the United States and Iran failed to produce a ceasefire deal, though losses remained more contained than the gravity of the conflict might suggest. Oil climbed back above $100 a barrel whilst the US dollar surged sharply, as investors weighed the possibility of a naval blockade of Iranian ports that American military forces were reportedly hours away from initiating.
Wall Street futures fell on Monday after weekend negotiations between the United States and Iran failed to produce a ceasefire deal, though losses remained more contained than the gravity of the conflict might suggest. Oil climbed back above $100 a barrel whilst the US dollar surged sharply, as investors weighed the possibility of a naval blockade of Iranian ports that American military forces were reportedly hours away from initiating.