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Stock futures fell early Monday, weighed down by a jump in oil prices and Treasury yields to start the week.
Futures for the Dow Jones Industrials faltered 295 points, or 0.6%, Monday to 51,868.
Futures for the S&P 500 dropped 40.25 points, or 0.5%, to 7,763.50.
Futures for the NASDAQ Composite descended 291.5 points, or 0.9%. to 30,597.75.
Wall Street is coming off a winning week after tech and tech-linked names outperformed. Meta Platforms rallied nearly 13% in that time, as traders cheered the company’s Muse artificial intelligence agent. Microsoft climbed more than 4%, while Apple and Nvidia advanced more than 1% each.
Brent crude traded more than 4% higher at $108.68 per barrel. West Texas Intermediate futures gained around 4% as well to $96.30, after President Donald Trump rejected conditions for a ceasefire presented by Iran.
In Japan, the Nikkei 225 ditched 0.7%, while in Hong Kong, the Hang Seng gained 0.5%.
Oil prices hiked $3.83 to $96.24 U.S. a barrel.
Gold prices sank $138.80 to $4,182.40 U.S an ounce.
