Stock market today: Dow, S&P 500, Nasdaq futures sink while oil prices surge as Iran conflict rattles markets

US stock futures tumbled on Monday while oil prices surged, after military strikes by the US and Israel on Iran jolted global markets. Dow Jones Industrial Average futures (YM=F) sank 1%, or over 500 points. Contracts on the S&P 500 (ES=F) also lost 1%, while those on the tech-heavy Nasdaq 100 (NQ=F) dived 1.4% as the escalating Middle East conflict spurred a retreat from risk assets. The impact on oil prices, and in turn on inflation, is front of mind for investors already uneasy about the backdrop for ...