Oil spikes and Fed bets loom as markets brace for week ahead

U.S. stock futures drift lower to start the shortened week on weekend U.S.-Iran strikes that sent oil higher and pushed yields up ahead of next week’s Federal Reserve policy meeting, with Dow futures down about 0.6%, S&P 500 futures down 0.2% and Nasdaq-100 futures up 0.1%; Brent crude around $97.31 and WTI about $92.66, as traders await inflation data later in the week and weigh renewed U.S.-Canada tariff tensions. Asia-Pacific markets opened mixed, and political headlines (including Bombardier and Trump posts) added to the global risk backdrop.