Stock futures slip as Middle East tensions escalate; traders await earnings and inflation data: Live updates

Stock futures dipped Monday as heightened tensions in the Middle East sent oil prices skyrocketing, with President Trump announcing the reinstatement of a blockade on Iranian shipping through the Strait of Hormuz. Traders are now on edge, balancing these geopolitical risks with the anticipation of crucial earnings reports and inflation data due this week. This situation underscores the delicate interplay between global politics and financial markets, highlighting how geopolitical events can have immediate and significant impacts on economic indicators.