Oil Price Plunge Could Fuel Initial US Market Gains
US stocks may experience initial strength as crude oil prices plummet by 2.3 percent on Thursday.
The decline in crude oil prices is attributed to concerns over demand overshadowing supply issues caused by the ongoing conflict in the Middle East.
This market shift could lead to a modestly higher open for the S&P 500 futures, which are currently up by 0.2 percent.