US Stocks Decline as Middle East Stalemate Pushes Oil Higher
Fading hopes for a breakthrough in the Middle East and rising inflation worries pushed US stocks lower before the bell on Monday.
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Fading hopes for a breakthrough in the Middle East and rising inflation worries pushed US stocks lower before the bell on Monday.
Equity futures climbed in New York as oil and Treasury yields pulled back from the recent surges ahead of key data on inflation expectations.
US equity futures fell and oil advanced as investors weighed renewed concerns over the pace of AI development against hotter-than-expected US inflation that bolstered bets the Federal Reserve may raise interest rates on Wednesday.