Oil Prices Impact U.S. Stock Futures Amid Middle East Tensions
Published on 5/4/2026

AI Summary
Summarized by AI from the source belowU.S. stock futures showed little change after major averages faced declines, with the Dow dropping 557.37 points (1.13%). The S&P 500 and Nasdaq Composite fell 0.41% and 0.19% respectively, amid rising tension in the Middle East following Iran's actions against the UAE. Crude oil prices increased during Monday's session, though West Texas Intermediate futures later declined by 1%. Traders await U.S. trade deficit data and the Job Openings and Labor Turnover Survey that could further influence market sentiment.
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