U.S. Stock Futures Drop, Oil Prices Increase Amid Ongoing Iran Conflict

U.S. stock-index futures experienced a decline as investors reacted to the ongoing Iran conflict, which has now extended into its fifth week. This followed significant losses on Wall Street the previous Friday. Concurrently, oil prices saw an increase, signaling a potential rise in energy costs. The developments indicate that the market is factoring in prolonged economic impacts due to these geopolitical tensions.