Crude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percent, topping eighty-three dollars a barrel. Treasury futures also moved lower, and the dollar strengthened against major currencies. Technology shares remained under pressure as investors questioned artificial intelligence spending returns. Markets await the Federal Reserve policy decision and significant corporate earnings reports.

Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as inflation concerns…

(Bloomberg) -- Crude oil jumped and US equity-index futures fell after fighting erupted in the Middle East, reigniting tensions after several days of calm and reviving concerns…