Stocks Fall as Brent Hits $110 and Bonds Fluctuate: Markets Wrap

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

S&P 500 futures slid 0.5%, 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 swung between small gains and losses, while European bonds were little changed. The dollar was set to snap a five-day run of wins.