S&P Futures Plummet as Middle East Conflict Fuels Inflation Fears

“Uncertainty about oil prices may play a big role in determining broader market sentiment,” said Chris Larkin at E*Trade from Morgan Stanley. “There are more questions than answers right now, but a stabilizing energy picture could have a positive ripple effect, while concerns about a longer-term disruption could have the opposite.”In yesterday’s trading session, Wall Street’s main stock indexes closed mixed. Defense stocks advanced following the U.S.-Israeli strikes on Iran, with Northrop Grumman (NOC) risi ...