US stocks skid, oil surges on Middle East conflict

News Snapshot:

A reflection of passersby walking is seen on an electronic board showing Japan's Nikkei average outside a brokerage, in Tokyo, Japan, March 20, 2023. REUTERS/Androniki Christodoulou/File Photo Acquire Licensing Rights Summary Asian stock markets: Oil prices jump over 5% on Middle East hostilities Safe haven Treasuries, gold and yen all gain Markets price in more Fed rate cuts for next year SYDNEY, Oct 9 (Reuters) - U.S. stock futures slid in Asia on Monday as the military conflict in the Middle East boosted oil and Treasuries, while the sizzling September U.S. jobs report raised the rate stakes for inflation figures...