S&P 500: Futures Under Pressure As Crude Spike Hits Sentiment

S&P 500 futures slipped as oil jumped on rising Iran tensions, with higher crude prices stoking inflation concerns and pressuring US equity indices. The move reflects a risk-off tone ahead of a key week of earnings, with energy-driven inflation worries likely to weigh on sentiment across the market.

Analysis

S&P 500 futures slipped as oil jumped on rising Iran tensions, with higher crude prices stoking inflation concerns and pressuring US equity indices. The move reflects a risk-off tone ahead of a key week of earnings, with energy-driven inflation worries likely to weigh on sentiment across the market.