Miner Company
Dow, Nasdaq and S&P stock futures slide as Iran tensions reignite oil fears
Wall Street braces for more volatility as a naval confrontation in the Strait of Hormuz pushes crude prices sharply higher US equity futures fell on Monday after a weekend escalation in tensions between Washington and Tehran clouded prospects for a peace deal and rattled oil markets. Futures on the S&P 500 and Dow dropped each by around 0.5%, with contracts shedding 0.4% amount in early trading.
Wall Street braces for more volatility as a naval confrontation in the Strait of Hormuz pushes crude prices sharply higher US equity futures fell on Monday after a weekend escalation in tensions between Washington and Tehran clouded prospects for a peace deal and rattled oil markets. Futures on the S&P 500 and Dow dropped each by around 0.5%, with contracts shedding 0.4% amount in early trading.