US stock futures slipped on Friday after President Trump further delayed promised US strikes on Iran’s energy infrastructure, as oil rallied amid doubts about the chances of a peace deal.
Dow Jones Industrial Average futures (YM=F) fell 0.2%, while those on the S&P 500 (ES=F) nudged down 0.1%. Contracts on the Nasdaq 100 (NQ=F) dropped 0.2%, following steep losses for Wall Street stocks on Thursday.
Oil prices pushed over higher as attacks continued across the Middle East, raising concerns the war could run into April and beyond. Brent crude (BZ=F) traded above $103 per barrel, while West Texas Intermediate (CL=F) topped $96 as investors eyed the growing economic hit from the halt to Strait of Hormuz traffic.
Trump extended his deadline for Iran by 10 days, giving it until April 6 to comply with US demands or face for strikes on its power plants. The move marks a…