Stock Market Today: Dow, Nasdaq 100, S&P 500 Futures Plunge As Oil Prices Jump, Trump Dismisses 'Short Term' Spike— Hims & Hers In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs and the headline were updated in the story.
U.S. stock futures fell sharply on Monday following Friday’s negative close. Futures of the major benchmark indices were lower amid the ongoing Iran-US conflict.
The bloodbath follows a historic surge in energy costs. Brent Crude spiked 14.90% to hit $106.50, while WTI surged 13.27% to $102.96, with both benchmarks now aggressively testing their 52-week highs of $119.46 and $119.43, respectively.
Despite the market carnage, President Donald Trump took to Truth Social to dismiss the economic anxiety, framing the record-high fuel costs as a necessary byproduct of his administration’s offensive against Tehran.

Meanwhile, the 10-year Treasury bond yielded 4.19%, and the two-year bond was