Brent Crude Hits $108, US Futures Flat

US stock index futures were largely unchanged Sunday, with S&P 500 down 0.1% to 7,189.75 and Dow down 0.2% to 49,293.0.
Brent crude rose to $108 per barrel as U.S.-Iran talks stalled and the Strait of Hormuz remained largely shut, raising supply concerns.
Earnings from Microsoft, Alphabet, Amazon, Meta on Wednesday and Apple Thursday coincide with the Fed’s policy decision, possibly Powell’s final meeting.
Trump cancels US envoy trip to Pakistan, halting diplomatic push for Iran negotiations.