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Premarket: Wall Street futures muted as oil tops $100 for first time since July
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarInflationFutures & OptionsInvestor Sentiment & Positioning
U.S. stock-index futures were subdued as oil prices surpassed $100 per barrel for the first time since July amid an intensifying Middle East conflict. The oil surge raises inflation risks ahead of this week's inflation data, prompting a cautious investor stance and potentially pressuring broader equity markets.
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