"Market Futures Rise as Oil Prices Dip Following Iran's Attack on Israel"

Stock index futures on Wall Street edged up slightly following Iran's attack on Israel, with S&P, Nasdaq, and Dow futures seeing early gains, while oil prices showed a muted reaction. The 10-year Treasury yield rose, indicating a reversal of the risk-off move seen on Friday. Analysts are closely monitoring the potential Israeli response to the attack and its impact on regional oil supply, with international efforts underway to limit military escalation. Despite existing risk premiums in oil prices, there are still significant portfolio hedging benefits from investing in oil against negative geopolitical shocks.