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Market Turmoil as Crude Spikes: Wall Street Futures Slide

  US stock futures stumbled sharply as oil prices surged past the $100-per-barrel threshold, rattling global markets and intensifying fears of prolonged geopolitical instability.  A Rapid Market Sell-Off Dow, S&P 500, and Nasdaq futures all tumbled early Monday following a dramatic overnight spike in crude oil prices driven by escalating conflict in the Middle East. Futures for all three major indices had plunged more than 2% in pre-market trading before trimming some losses.  Oil Breaks Above $100 — and Keeps Climbing Crude prices surged as much as 25% late Sunday, briefly topping $119 a barrel — levels not seen since 2022. The spike was fueled by fears of supply disruptions as conflict involving Iran intensified, threatening key shipping routes and production hubs. Brent crude also soared past $114 a barrel. Investor Anxiety Deepens The sudden jump in energy prices has amplified concerns about inflation, consumer spending, and corporate margins. With oil now ...
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U.S. Stock Futures Steady After Cooler Inflation Data

                                             

U.S. stock futures showed resilience in premarket trading, paring earlier losses following a cooler-than-expected inflation report. The March Consumer Price Index (CPI) rose by 2.4% year-over-year, below the anticipated 2.6%, while the core CPI, excluding food and energy, increased by 2.8%, compared to estimates of 3%. 

This data has bolstered expectations that the Federal Reserve may stay on course to reduce interest rates later this year. At 8:31 a.m. ET, Dow E-minis were down 1.06%, S&P 500 E-minis fell 1.44%, and Nasdaq 100 E-minis dropped 1.81%. 

The report also highlighted a slight monthly decline of 0.1% in inflation, signaling a potential easing of price pressures. Investors remain cautiously optimistic as they assess the implications for monetary policy and market stability. 



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