Oil spikes as Trump rejects Iran offer, futures slip after a week of gains
TL;DR Summary
Stock futures slipped about 0.3% Sunday night after a week in which the S&P 500 and Nasdaq posted sixth straight weekly gains, while the Dow rose for the week. Oil futures climbed after Trump rejected Iran’s latest proposal to end the war, and investors await April CPI and PPI along with earnings from Under Armour and Cisco.
- Stock futures tick lower as investors monitor the latest Iran war negotiations: Live updates CNBC
- Oil jumps as US and Iran fail to reach agreement on peace proposal Reuters
- Momentum-Obsessed Traders Seek Clues on Iran Truce Bloomberg.com
- Markets dip as US-Iran ceasefire goes nowhere, leaving Trump with a military option to reopen Hormuz Fortune
- Stock Futures Fall, Oil Jumps After Trump Rejects Iran’s Response as ‘Totally Unacceptable!’ Barron's
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