US stock futures fall amid ongoing Middle East conflict
US stock futures fell on Friday as Middle East tensions persisted. Rising oil prices fueled inflation fears while the Nasdaq headed for a fifth weekly loss.
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Wall Street's primary indexes were positioned for a lower opening on Friday as the persistent conflict in the Middle East continued to dampen investor sentiment. Despite efforts by the United States to extend a deadline regarding potential strikes on energy infrastructure in Iran, markets remained uneasy. President Donald Trump indicated on Thursday that he would prolong the window for Tehran to reopen the Strait of Hormuz, following the rejection of a 15-point American peace proposal.
