US futures fall and oil prices surge after US hits Iranian sites in the Strait of Hormuz
U.S. markets are sliding after American forces struck Iranian rocket launchers in the Strait of Hormuz, the first military action in a month. The futures for the S&P 500 and the Dow Jones Industrial Average both declined 0.2% on Monday. Nasdaq futures slipped 0.1%. Oil prices surged more than 3% after the U.S. strike on…