Oil Prices Fuel U.S. Stock Market Worries
U.S. stocks may come under pressure as crude oil prices surge to new highs, potentially extending last Friday's pullback. The S&P 500 futures are currently down by 0.4 percent in early trading on Monday.
The downturn comes amid concerns over a possible re-escalation of the military conflict in the Middle East following a period of relative calm. This uncertainty is likely to impact investor sentiment and contribute to market volatility.