Stock futures are little changed as Middle East tensions escalate; traders await earnings and inflation data: Live updates

AI Summary

Stock futures remain mostly unchanged despite escalating Middle East tensions as traders await key earnings and inflation data. Oil prices surged following U.S. President Donald Trump's announcement to reinstate a blockade on Iranian shipping through the Strait of Hormuz.

Oil prices surged and stocks slid on Monday after President Donald Trump said he would reinstate a blockade on Iranian shipping through the Strait of Hormuz.