Futures trade has opened on Globex, oil surges higher, equities slammed lower

Scanning some of the futures opening prices (earlier FX gave indications of the trouble):

• S&P500 and Nasdaq futures down more than 1%
• Oil up, brent above $102.50 and US crude (CL) above %105.20

Weekend:

• US-Iran talks break down.

This article was written by Eamonn Sheridan at investinglive.com.