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Oil climbed toward $100 a barrel after Houthi strikes on Saudi Arabia, lifting inflation fears and pushing Treasury yields higher
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U.S. stock futures fell Tuesday, the first trading day after Labor Day, as escalating conflict in the Middle East pushed oil prices to six-week highs and Canada's retaliatory tariffs on American goods took effect.
Dow Jones Industrial Average futures were down 491 points, or 0.9%, at 5 a.m. ET. S&P 500 futures were off 0.4% and Nasdaq $NDAQ-100 futures retreated 0.2%.
