Iran tensions spark oil rally as stock futures slip on inflation jitters
TL;DR Summary
U.S. stock futures slipped in premarket trading as tensions with Iran escalated and oil prices spiked above $95 a barrel, lifting inflation expectations and Treasury yields. Dow, S&P 500, and Nasdaq futures edged lower ahead of ADP data and an earnings slate that includes Broadcom and Snowflake. Dell Technologies meanwhile surged after reporting record AI server orders and backlog, raising its full-year revenue outlook.
Topics:business#inflation-expectations#iran-tensions#markets#oil-prices#stock-market-futures#treasury-yields
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- U.S. Stocks Fall as Oil Surges After New Middle East Strikes WSJ
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