Business & Economy MarketWatch Article posted: May 8, 2026

Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump’s tariffs

Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S.

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Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald Trump’s backup tariff plan.

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