India, May 28 -- Despite hopes of a possible agreement, Iran and the U.S. are engaged in new 'defensive' strikes. Early cues from the U.S. Futures Index suggest that Wall Street might open lower.
Oil prices rebounded in the Asian trading sesssion. Brent crude futures for August delivery were up 2.2 percent at $94.29 a barrel.
Gold prices were sharply lower. Spot gold tumbled 1.4 percent to $4,395.53 an ounce while U.S. gold futures for August delivery were down 1.3 percent at $4,424.75.
The dollar firmed to a one-week high.
As of 7.55 am ET, the Dow futures were down 92.00 points, the S&P 500 futures were declining 18.25 points and the Nasdaq 100 futures were falling 122.50 points.
The U.S. major averages ended Wednesday in positive te...