Stock markets reacted negatively to escalating tensions in the Middle East, with U.S. airstrikes near Hormuz intensifying concerns over regional stability. The S&P 500 futures declined 0.2%, signaling a potential end to a recent rally, while Nasdaq 100 futures dropped 0.3%. Oil prices surged as Brent crude climbed 2.9% toward $97 per barrel, reflecting heightened risk premiums. Bond markets also fell globally, as rising inflation fears prompted central banks to reconsider monetary easing.
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