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US stock futures dip amid Middle East unrest
The U.S. stock markets were impacted by recent tensions in the Middle East, as clashes between the United States and Iran resumed after a month-long pause, leading to a sharp rise in energy prices. Futures for the Dow Jones Industrial Average declined by about 64 points, while the S&P 500 and Nasdaq each fell by 0.1%. American forces targeted Iranian missile platforms, and Tehran responded with strikes on bases in Jordan. The price of Brent crude rose by 3.6%, surpassing $91 per barrel. Meanwhile, Wall Street is on track to close August with monthly gains, supported by a rebound in the tech sector and rising shares of companies like Nvidia and Micron Technology. The Dow, S&P 500, and Nasdaq are posting monthly increases of approximately 2.1%, 3%, and 4%, respectively.
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