Wall St futures slip as Middle East tensions lift oil to highs
U.S. stock index futures slipped Tuesday after fresh Middle East hostilities pushed oil prices to their highest since late July, deepening market gloom ahead of inflation data later this week.
S. stock index futures edged lower on Tuesday after fresh hostilities in the Middle East pushed oil prices to their highest since late July, adding to the downbeat tone ahead of inflation data later this week. The move followed a volatile stretch in which investors rushed to adjust expectations for rate hikes.