U.S. stock-index futures fell and oil prices jumped late Sunday, as investors were rattled by geopolitical uncertainty after Hamas launched a surprise...
U.S. stock-index futures fell and oil prices jumped late Sunday, as investors were rattled by geopolitical uncertainty after Hamas launched a surprise weekend attack on Israel.
Meanwhile, oil futures CL00, +3.79% surged late Sunday. Analysts said crude prices could rise in the short term due to possible knock-on effects on Iranian oil exports.“With the Middle East Powder Keg igniting again, oil prices will rise tangentially to heightened geopolitical risks,” Stephen Innes, managing partner at SPI Asset Management, wrote in a note Sunday.
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