US stock futures tumbled but were trimming losses on Monday on hopes for an easing in the oil supply squeeze, after crude prices surged past the $100-a-barrel mark amid fears of a prolonged Middle East conflict. Dow Jones Industrial Average futures (YM=F) were down 1.2% after plunging more than 1,000 points overnight. Contracts on the S&P 500 (ES=F) and the Nasdaq 100 (NQ=F) sank 1% and 1.1%, respectively. All three indexes had tanked more than 2% in earlier out-of-hours trading. CME - Delayed Quote • USD 6,676.00 -67.75 (-1.00%) As of 7:09:30 AM EDT. Market Open. Oil prices were coming off ea
US stock futures tumbled but were trimming losses on Monday on hopes for an easing in the oil supply squeeze, after crude prices surged past the $100-a-barrel mark amid fears of a prolonged Middle East conflict. Dow Jones Industrial Average futures (YM=F) were down 1.2% after plunging more than 1,000 points overnight. Contracts on the S&P 500 (ES=F) and the Nasdaq 100 (NQ=F) sank 1% and 1.1%, respectively. All three indexes had tanked more than 2% in earlier out-of-hours trading. CME - Delayed Quote • USD 6,676.00 -67.75 (-1.00%) As of 7:09:30 AM EDT. Market Open. Oil prices were coming off ea