US Stock Futures Fall on Trump Escalation Threats: Markets Wrap

(Bloomberg) -- US equity-index futures dropped and oil climbed after US President Donald Trump’s warning that he may significantly escalate the war in Iran, potentially worsening an energy-price shock that’s already upending the global economic outlook.Futures contracts for the S&P 500 Index retreated 0.4% as trading started Monday. Brent crude oil rose 1% to $110 a barrel.Trump renewed threats early Sunday to attack Iranian infrastructure if the key energy-shipping route through the Strait of H