Stock futures slip, oil prices climb as markets watch Iran talks and await Fed inflation data

U.S. equity futures slipped and oil prices rose on Sunday as Wall Street watched the latest developments in the Iran war negotiations and awaited the release of inflation data that is closely watched by the Federal Reserve.

S&P 500 futures traded down 0.4%, while Nasdaq-100 futures were 0.6% lower.

Oil prices climbed amid uncertainty about the conflict in the Middle East. U.S. West Texas Intermediate futures gained nearly 3% to around $78 per barrel, while international benchmark Brent crude futures added more than 1% to roughly $81