Stock-market futures drop, oil surges above $100 after failed talks between U.S. and Iran over the weekend

Stock-market futures drop, oil surges above $100 after failed talks between U.S. and Iran over the weekend

Stock-market futures were down Sunday evening, suggesting investors were bracing for a sharp drop in major indexes after weekend talks between the U.S. and Iran failed to open the Strait of Hormuz and led President Donald Trump to announce a blockade of the crucial waterway.

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