Stock futures wavered before Monday's session as the escalating conflict between Israel and Iran spiked oil prices and raised investors' concerns about the global economy. Dow Jones Industrial Average futures shed 56 points, or 0.1%. S&P 500 futures lost 0.1%, while Nasdaq 100 futures traded around their flatline.

Investors had two reactions to Israel's broad attack on Iran late Thursday: They sold stocks broadly and bought crude oil and gold. Futures trading suggests the Standard & Poor's 500 Index will open down 52 points.

Indian benchmark indices, Nifty and Sensex, are expected to see a positive start on Monday as indicated by the Gift Nifty. Indian equities witnessed a sharp decline on Friday, weighed down by negative global cues and a spike in crude oil prices following Israel’s military strikes on Iran.

As long as the Nifty-50 Index remains below 24,850, weak sentiment is likely to continue and could retest the level of 24,500. A breach of 24,500 could accelerate selling pressure, and the index could slip to 24,

Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The Dow Jones plunged 400 points Friday as Israel launched major attacks on Iran. Nvidia and Tesla sold off on the stock market today.

SlateStone Wealth chief market strategist Kenny Polcari discusses the ramifications of the Israel-Iran conflict on global markets on “Varney & Co.”

The trends on Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,791 level, a premium of nearly 65 points from the Nifty futures’ previous close.

U.S. stocks were sharply down Friday, after Israel launched strikes on Iran's nuclear sites. But major benchmarks were off their morning lows.