Premarket: U.S. stock futures mixed as Middle East risks remain in focus
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Article Excerpt
Stocks slide amid escalating tensions in the Middle East
PUBLISHED MAY 4, 2026
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Stocks ended lower on Monday, with the S&P 500 retreating from record highs, after a South Korean ship was hit by an explosion in the Strait of Hormuz and Tehran demonstrated its grip on Middle East oil, dampening optimism about strong first-quarter earnings reports.
Oil prices and energy stocks rose after reports of the latest confrontations. An explosion reported aboard a So…
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