US stock futures slip as oil rebounds ahead of midterm elections
Briefing by News4U · First published
Bloomberg reported that US stock futures fell as oil prices rebounded on worries that America and Iran remain far apart on a peace deal, adding to subdued risk sentiment before voting starts in the midterm elections. S&P 500 contracts slipped 0.2%. Brent crude rose 1.7% to above $106 a barrel, with Reuters reporting that significant obstacles to ending the war remained despite signs from both Washington and Tehran that they were open to a diplomatic settlement. Flat Nasdaq 100 futures signaled a steadier start for the artificial intelligence trade after the index entered a technical correction. [1]
Sources
- US Election Day Kicks Off: Stocks Slip, Oil Rebounds
Bloomberg · · Summary only