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US Futures Drop as Oil Surges and September Seasonality Weighs on Markets

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US stock futures decline entering September amid Middle East tensions and climbing bond yields.
  • The S&P 500, Dow, and Nasdaq are under heavy selling pressure, while WTI and Brent crude rally near multi-month highs ahead of key US manufacturing PMI and labor market data.
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