India, July 29 -- Tension in the Middle East is escalating as the U.S. and Saudi jointly hit Iran's militia group centers. At least 20 people were killed.
Oil prices are surging on Wednesday. Brent crude futures gaining toward $87.40 a barrel.
Gold prices were up. Spot gold edged up by 0.2 percent to $4,035.65 an ounce while U.S. gold futures were down 0.1 percent at $4,034.50.
Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up.
As of 8.05 am ET, the Dow futures were down 244.00 points, the S&P 500 futures were adding 9.25 points and the Nasdaq 100 futures were progressing 40.50 points.
The U.S. major averages finished higher on Tuesday. The Dow jumped 537.24 points or 1 percent to 52,747.32. The S&P...