US Futures Drop as Trump Weighs Strikes on Iran: Markets Wrap

An electronic ticker displays stock market information figures in Pudong's Lujiazui Financial District in Shanghai in April.

Photographer: Qilai Shen/Bloomberg

Oil trimmed earlier gains and equity futures remained lower after White House press secretary Karoline Leavitt said President Trump will decide within two weeks whether to back Israel militarily in its conflict with Iran. The remarks offered some short-term clarity but did little to resolve broader uncertainty around potential US involvement and the risk of renewed energy-driven inflation.