Oil slides, stock markets take a hop on Trump's Iran reprieve
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US stock futures slipped at the start of the week's trading as oil prices rose amid the US-Iran conflict, sparking concerns about the economy. The S&P 500 was affected by the higher energy prices, which could slow down the US economy.
US stock futures declined as oil prices surpassed $115 a barrel due to the US-Iran conflict. The increase in energy prices raises concerns about the US economy. The S&P 500 was impacted by the higher oil prices. The conflict between the US and Iran is affecting the stock market. The rise in oil prices is a significant factor in the decline of US stock futures.
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