U.S. stock futures sink, oil prices surge as Iran war shows no signs of letting up

What Happened

stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer than first expected.

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Background Context

U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer than first expected.

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Source: MarketWatch.com – Top StoriesOriginal Link

Source: MarketWatch.com – Top Stories

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