India, April 20 -- Next round of talks to settle the Middle East crisis is on hold after the U.S. forcibly seized an Iranian-flagged cargo ship. Tehran said it has no plans for the next round of talks. Early signs from the U.S. Futures point to significantly lower open for Wall Street on Monday.
In view of persisting hurdles in oil supply, oil prices are on a rise. Brent crude prices soared nearly 6 percent toward $96 a barrel.
Gold prices traded below $4,800 an ounce on Monday as the dollar strengthened. Spot gold fell 0.8 percent to $4,795 an ounce while U.S. gold futures were down 1.4 percent.
As of 7.55 am ET, the Dow futures were down 251.00 points, the S&P 500 futures were declining 33.25 points and the Nasdaq 100 futures were slid...