Stock Futures Fall as U.S. Strikes Iran, Oil Prices Rise
Tip Ranks·
- U.S. stock futures fell while oil prices rose after the U.S. Central Command struck Iran's Larak Island, prompting retaliatory attacks and supply disruption fears.
- Brent crude increased 2.45% to $92.09 a barrel, and WTI crude rose 2.65% to $86.14 a barrel amid escalating geopolitical tensions.
- Wall Street remains on track to finish August with solid monthly gains led by technology stocks, ahead of key upcoming economic data and earnings reports.