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06/23/2025

Wall Street Futures Edge Higher

Meanwhile, investors await Iran's retaliatory move

U.S. stock index futures edged up on Monday after oil prices pulled back from sharp gains earlier with investors awaiting Iran's response to U.S. attacks on its nuclear sites.

Over the weekend, the United States launched strikes on Iran's nuclear facilities, and President Donald Trump hinted at the possibility of regime change in Iran.

Oil prices briefly hit a five-month high amid rising concerns around Iran shutting the Strait of Hormuz, a key oil supply route. Brent futures were nearly flat at $77.06 a barrel as of 05:49 a.m. ET.

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