By Dow Jones Newswires Staff U.S. stock futures point to an extension of May’s record-setting rally, even as oil prices rose after the U.S. and Iran exchanged a fresh round of strikes. Brent crude oil prices rose 3% after the U.S. said it struck Iranian air-defense sites in response to Tehran’s downing of an American drone. Meanwhile, Israel expanded its invasion of Lebanon, further complicating efforts to agree on a memorandum of understanding between the U.S. and Iran that would remove blockages in the crucial Strait of Hormuz. U.S. technology stocks look set to follow their Asian peers higher, as…
News Timeline:
Track the development of this news story across the Internet.