S&P 500 Futures Slip, Nasdaq Futures Slide on Oil
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- Iran shut the Strait of Hormuz, halting Indian vessels and fuelling a jump in oil prices.
- S&P 500 futures slipped 0.3% as oil rose, keeping the index just above the 7,100 level.
- OpenAI shifted 10 Prism engineers to Codex, delaying AI product rollouts and sparking tech‑sector jitters.
Why it matters: Investors lose as futures dip 0.3% and oil climbs, while OpenAI's reallocation of 10 engineers delays AI product launches, hurting tech‑sector growth and tightening capital for emerging AI startups.
