Wall Street Poised To Open In Negative Territory As Middle East Conflicts Escalate

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source on Google Add Now The U.S. is expanding strike on Iran, while Tehran is hitting neighbouring countries and warned that the Strait of Hormuz is an unbreakable redline. In the Asian trading session, oil prices were slightly lower. Brent crude futures dropped nearly 1 percent to $84.17 a barrel. Gold prices were notably lower. The U.S. dollar stabilized on Thursday. Asian shares finished mostly in negative zone, while European shares are trading broadly down. Initial trends from the U.S. Futures Index suggest that Wall Street might open broadly down on Thursday. As of 8.00 am ET, the Dow futures were up 63.00 points, the S&P 500 futures were sliding 22.75 points and the Nasdaq 100 futures were falling 297.25 points. The U.S. major averages finished higher on Wednesday. The Nasdaq advanced 162.22 points or 0.6 percent to 26,269.23, the S&P 500 climbed 28.81 points or 0.4 percent...