Commodities
U.S. Stocks May Feel Oil Price Spike Pain After Labor Day Weekend
U.S. stocks may open lower on Tuesday after the Labor Day weekend, according to market futures.
The S&P 500 futures are currently down by 0.2 percent, indicating a potential negative start to the trading day.
This downward momentum comes amid rising crude oil prices due to escalating tensions in the Middle East.
U.S. crude oil futures have jumped nearly 2 percent following weekend events involving Iran and the U.S.