Stocks Fall as Brent Hits $110; Bond Selloff Eases: Markets Wrap

Stocks fell as the stalemate between the US and Iran kept driving oil prices higher, while bonds found some stability after last week’s global selloff.

S&P 500 futures slid 0.3%, with the benchmark set for its first back-to-back loss in May. Brent topped $110 a barrel. Japan’s 30-year yield surged as much as 20 basis points before paring most of the move. Treasuries and European bonds were little changed, while the dollar was set to snap a five-day run of wins.