Dow Futures Climb as Oil Dips After Surge

Dow Jones futures rise in premarket trading, signaling optimism amid focus on chip giants Broadcom and Nvidia. Oil prices fall back after a sharp spike driven by the Iran war, which disrupts global crude flows and pushes WTI crude to a 13.5-month high near $79 a barrel. U.S. oil futures jumped over 5% to $70.77 before easing, while Brent hit $77.15, with fears of Strait of Hormuz closure risking $100 prices. Gasoline futures also soar to 1.75-year highs. Read more about this...