U.S. stock futures fell and oil prices rose as investors' hopes for a quick resolution to the conflict between Israel and Iran diminished. Meanwhile, President Donald Trump left the G-7 summit without new trade agreements, the Wall Street Journal reported.

According to the newspaper, Iran has signaled that it is willing to de-escalate hostilities with Israel, which boosted stocks on June 16. But later in the day, Trump called for an immediate evacuation of Tehran, and Israel and Iran continued to exchange missile strikes overnight.

The Republican signed onto the G-7 statement calling for peace and stability in the Middle East after initially opposing it before leaving the meeting.

In doing so, he backed out of several talks on trade aimed at easing tensions over tariffs and other issues. His meeting with Canadian Prime Minister Mark Carney ended without an agreement, but Canada's government said the two leaders had agreed to work toward a deal within the next 30 days. The two sides are expected to meet later this week. | BGNES