US stock futures fall, gold set to end week lower; oil prices rise on Middle East tensions and expected US sanctions on Iran
U.S. stock index futures fell in early European trading, after rising on renewed hopes that the Federal Reserve would keep interest rates unchanged at next month's meeting due to weak inflation data. Meanwhile, oil prices rose due to ongoing tensions in the Middle East and the U.S. threat to maintain a naval blockade on Iran indefinitely. U.S. Treasury Secretary Scott Bessent also raised market expectations for measures next week aimed at "economically isolating" Iran.
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