0733 ET - U.S. stock futures are sharply lower with oil prices surging as the U.S. and Israel continue to hit Iran, and Israel strikes Hezbollah targets in Lebanon. "With Washington signaling that operations could continue for weeks, markets are confronting an open-ended conflict rather than a brief exchange. This creates a highly unpredictable environment. Financial markets struggle to price scenarios where the potential outcomes range from rapid containment to broader regional conflict," Daniela Hathorn of Capital.com says in a note. Futures for Brent crude oil, the global energy benchmark, rise over 7% while S&P futures are off 78 points. (patrick.sheridan@wsj.com)
(END) Dow Jones Newswires
March 02, 2026 07:33 ET (12:33 GMT)
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