Oil futures fell Friday, with traders citing uncertainty about demand for fuel and rising U.S.-China tensions over Hong Kong, but the U.S. crude benchmark remained on track for its biggest monthly rise in more than a decade. West Texas Intermediate crude for July delivery CL.1, -2.61% CL00, -2.61% was down 88 cents, or 2.6%, at $32.83 a barrel on the New York Mercantile Exchange, while August Brent BRN00, -2.24%, the global benchmark, was off 81 cents, or 2.3%, at $35.22 a barrel. Through...

Stock-index futures lost ground Friday, with equities undercut by worries over a deterioration in U.S.-China relations as investors awaited a news conference by President Donald Trump regarding China's plans to impose new security laws that would curb Hong Kong's autonomy. Meanwhile, Federal Reserve Chairman Jerome Powell is slated to participate remotely in an event at Princeton University at 11 a.m. Eastern. What are major indexes doing? Futures on the Dow Jones Industrial Average fell 154...

Stocks reversed early losses to post a mixed finish Friday, capping a strong weekly and monthly performance, after President Donald Trump announced a series of measures aimed at punishing China over its treatment of Hong Kong but refrained from undermining the phase one trade deal reached earlier this year. The Dow Jones Industrial Average DJIA, -0.06%, which traded more than 300 points lower as Trump began his announcement, ended the day with a loss of around 18 points, or 0.1%, near 25,383,...

Stocks also booked sharp gains for the week and month. The Dow closed 3.8% higher for the week, while the S&P 500 gained 3%, and the Nasdaq notched a weekly advance of 1.8%. For the month, the Dow logged a 4.3% gain, the S&P 500 climbed 4.5%, while the Nasdaq marked a 6.8% return in May. What drove the market? In a news conference in the White House’s Rose Garden, Trump announced a number of measures to address what he described as China’s “malfeasance.” Investors, however, were more attuned...

After a sharp run-up for U.S. stocks, rising tensions between Washington and Beijing could spark a round of near-term consolidation that could prove to be an entry point for investors, a prominent Wall Street bull said Friday. “Escalating tension with China as the global economy attempts to find its footing, coupled with such strong recent gains, opens the door for potential consolidation,” wrote Tony Dwyer, chief market strategist at Canaccord Genuity, in a note. The Dow Jones Industrial...