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U.S. stock futures declined on Monday following Friday’s mixed close. Futures of major benchmark indices were lower after President Donald Trump announced a blockade of the Strait of Hormuz. On Friday, the Dow Jones index closed about 270 points lower after Iran blamed Israel for violating the ceasefire with attacks on Lebanon. The peace talks being held in Islamabad collapsed on Sunday, after 21 hours of discussions. While Vice President JD Vance said that Washington would not compromise on its core demands, Iran stated that the demands made by the U.S. were excessive. Meanwhile, the 10-year Treasury bond yields stood…
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