Dow futures drop while oil prices jump
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Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line,
The index still has to trade a new high, something that would be easier to do if it can surpass 6079, a key technical level.
Stock futures rose before Monday's session as the escalating conflict between Israel and Iran spiked oil prices and raised investors' concerns about the global economy. Dow Jones Industrial Average futures moved up 9 points, or 0.02%. S&P 500 futures added 0.14%, while Nasdaq 100 futures rose 0.19%.
U.S. stock index futures rose slightly Sunday evening, aiming to recover from last weeks selloff driven by escalating tensions between Israel and Iran. The rebound comes as investors shift focus to this weeks
Escalating conflict between Israel and Iran sent the stock market falling on Friday. The Dow Jones Industrial Average dropped 770 points, or 1.8%. The S&P 500 fell 1.1%. The Nasdaq Composite was off 1.
In a region that has seen endless bloodshed since Hamas’s October 2023 attacks, the grim reality is that things may get much worse before they get even worse. Under the Islamic