US Stock Market LIVE Updates: Dow Jones futures fell 43 points, S&P 500 and Nasdaq 100 futures gained 0.1%. Brent rose above $83 a barrel. European stocks up 0.6%. Gold hit $5,150 an ounce.
Brent briefly pared an advance before resuming its climb above $83 a barrel. Earlier, Iran vowed to escalate its retaliation against US strikes. The dollar rose 0.1%. European stocks were up 0.6%. A benchmark for Asian equities trimmed its rebound of as much as 3.8%.
Developments in the US-Israeli war against Iran are once again driving traders to curb risk after sentiment picked up in the previous session. Stress in energy markets is increasingly coming to the fore, with China seeking to conserve fuel and Japanese refiners calling for the release of strategic petroleum reserves.
A global bond selloff showed no respite, with the 10-year Treasury yield up two basis points to 4.12%. Losses in Europe were steeper as 10-year yields rose four basis points or more in most markets. Gold climbed above $5,150 an ounce. Bitcoin traded near $73,200.