U.S. Stocks May Move Back To The Downside Amid Surging Crude Oil Prices
Stocks are likely to move to the downside in early trading on Wednesday, giving back ground following the rebound seen in the previous session. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent.
An extended surge by the price of crude oil may weigh on Wall Street amid concerns about the escalating conflict between the U.S. and Iran.
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