U.S. stock market futures slipped early Thursday as the Dow, S&P 500, and Nasdaq reacted to weaker oil prices, fading hopes of a Fed rate cut, and growing tensions between Iran and Israel with possible U.

The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.