Wall St to open lower as oil spikes after Trump rejects Iran peace proposal - Reuters

Wall St is set to open lower following a spike in oil prices. This market reaction occurs after Trump rejected a peace proposal involving Iran. The decline in stock indices reflects investor concerns regarding geopolitical tensions and energy costs. Financial markets are responding directly to the diplomatic impasse, leading to a bearish start for the trading session as oil costs rise sharply in the wake of the rejected proposal and increased regional instability.