Key facts
- U.S. stock-index futures fell on Sunday.
- A massive tech selloff occurred on Friday.
- New developments threaten the cease-fire with Iran.
- Oil prices surged.
U.S. stock-index futures experienced a decline on Sunday, following a substantial selloff in technology stocks on Friday that disrupted a two-month rally on Wall Street. The market sentiment was further impacted by new developments that have put the fragile cease-fire with Iran under threat. In response to these geopolitical tensions, oil prices surged.