Wall Street Futures Slip Amid Middle East War Concerns
Dow and S&P 500 futures fell on Thursday as oil prices remained above $100 per barrel. Investors are weighing strong corporate earnings against geopolitical risks.
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S&P 500 futures fell 0.52% Thursday as investors paused a recent equities rally to assess geopolitical risks in the Middle East. The retreat follows Iran seizing two vessels in the Strait of Hormuz despite an indefinite ceasefire extension by the United States. With Brent Crude Oil trading above $100, markets are weighing the threat of persistent inflation against a cooling labor market.
