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      Dow Futures Down 106 Points, Oil Prices Cross $105; US Paratroopers Reportedly Arrive In Middle East While Iran Calls Ceasefire Terms 'Unrealistic'

      Late Monday, U.S. stock futures slipped amid surging oil prices and fresh geopolitical tensions in the Middle East, rattling global markets.

      Futures Slide As Oil Rally Sparks Inflation Fears

      At the time of writing, Dow futures fell 106 points, or 0.23%, to 45,359.00, while S&P 500 futures declined 5.25 points, or 0.08%, to 6,383.00. Nasdaq 100 futures dropped 50.00 points, or 0.22%, to 23,089.75.

      In commodities, WTI crude futures climbed 2.92% to $105.88 per barrel, while Brent crude rose 2.12% to $115.17 per barrel.

      RBOB gasoline futures gained 1.42% to $3.399 per gallon and ULSD heating oil futures advanced 1.96% to $4.45 per gallon.

      Natural gas futures edged up 0.07% to $2.889 per MMBtu.

      Meanwhile, the U.S. dollar index was at 100.440, down 0.05%.

      Asian markets were sharply lower, with Japan's Nikkei 225 falling 1.83% to 50,937.59, while South Korea's KOSPI tumbled 4.10% to 5,061.15.

      US Troop ...

      Full story available on Benzinga.com


      Source: Benzinga
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