Stock futures fell ahead of Mondays session after the United States entered Israels war against Iran over the weekend by striking three nuclear sites, a move by President Donald Trump that raised oil prices and risked a bigger conflict in the Middle East.
Futures tied to the Dow Jones Industrial Average fell by 126 points, or 0.3. SP 500 futures shed 0.26 and Nasdaq 100 futures lost 0.35.
The U.S. launched attacks Saturday at Iranian sites in Fordo, Isfahan and Natanz, surprising investors who were expecting more diplomacy to possibly take place after Trump said on Friday that he would make a decision to attack Iran within the next two weeks, according to the White House.
Oil prices have already spiked in recent weeks following the increased tensions in the Middle East. On Sunday night, U.S. crude oil futures rose another 3.8 to nearly 77 a barrel.