S&P 500, Nasdaq 100, and Dow futures fall; WTI surges
US index futures fell: S&P 500, Nasdaq 100, Dow, and Russell 2000 futures. The dollar index rose, EUR/USD fell, and WTI climbed to 101.1.
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US index futures fell: S&P 500, Nasdaq 100, Dow, and Russell 2000 futures. The dollar index rose, EUR/USD fell, and WTI climbed to 101.1.
Brent crude rose above $96 a barrel after fresh U.S. strikes on Iranian targets and Iranian retaliation across the Middle East raised Strait of Hormuz fears.
Brent crude jumped past $92 after attacks on oil tankers in the Strait of Hormuz, while oil-linked stocks and broader equity futures moved lower in premarket trading.
US stocks decline, oil prices rise
Fresh military strikes in the Middle East have shattered a fragile ceasefire, sending crude oil prices surging and guaranteeing an immediate spike in fuel costs. This rapid increase, contrasted with sluggish price drops during periods of relief, is driven by a “hidden pattern” that economists have long tracked. The Roc