Stock Futures Turn Negative as U.S.-Iran Strikes Lift Crude 3%
Updated
Updated · Seeking Alpha · Jun 1
Stock Futures Turn Negative as U.S.-Iran Strikes Lift Crude 3%
3 articles · Updated · Seeking Alpha · Jun 1
U.S. stock futures slipped back into negative territory Monday, wiping out earlier tech-led gains as markets reacted to a renewed exchange of U.S. and Iranian strikes.
Crude oil jumped 3% after the flare-up disrupted progress toward a 60-day ceasefire deal, reviving fears that higher energy costs could feed inflation.
That shift in sentiment hit risk assets broadly, with investors moving away from the early rally as geopolitical tension overtook optimism in technology shares.
The market reaction underscores how quickly Middle East conflict can reset trading, especially when ceasefire talks falter and oil becomes the main transmission channel.