Rising tempo of combat in battle for Hormuz threatens market's confidence that the worst is over on Iran. 'There's a lot of complacency'

(Credit: U.S. Navy)

U.S. stock futures dipped late Sunday while oil prices rose, but didn’t spike, as investors kept their cool after a weekend packed with new fighting in the Persian Gulf.

Futures tied to the Dow Jones industrial average fell 100 points, or 0.19%. S&P 500 futures were down 0.27%, and Nasdaq futures lost 0.48%.