Dow futures tumble over 1,000 points as U.S. oil nears $120 a barrel to begin the week's trading: Live updates - CNBC

Stock futures were plunging to start the week's trading as U.S. oil prices neared $120 a barrel amid the U.S.-Iran conflict, raising fears higher energy prices could dramatically slow the U.S. economy. The Dow Jones Industrial Average is coming off its biggest weekly slide in nearly a year. Futures tied to the Dow fell 1,026 points, or 2.33%. S&P 500 futures lost 2.05% and Nasdaq 100 futures dropped 2.34%. West Texas Intermediate crude jumped 25% to above $113 a barrel, its first time above the $100 level since 2022, when investors were reacting to the aftermath of Russia's invasion of Ukraine

Stock futures were plunging to start the week's trading as U.S. oil prices neared $120 a barrel amid the U.S.-Iran conflict, raising fears higher energy prices could dramatically slow the U.S. economy. The Dow Jones Industrial Average is coming off its biggest weekly slide in nearly a year. Futures tied to the Dow fell 1,026 points, or 2.33%. S&P 500 futures lost 2.05% and Nasdaq 100 futures dropped 2.34%. West Texas Intermediate crude jumped 25% to above $113 a barrel, its first time above the $100 level since 2022, when investors were reacting to the aftermath of Russia's invasion of Ukraine