US Stock Futures Slip As Oil Spike Tests Wall Street’s Record Rally
U.S. stock futures slipped early Monday, with Dow futures down 86 points and S&P 500 futures off 0.1% at 03:30 ET. Oil prices climbed above $101 a barrel as shipping disruptions continued near the Strait of Hormuz. Investors braced for major tech earnings and a Federal Reserve rate decision later in the week. Premarket trading was mixed among large tech stocks.