Weekend Brief: US stock futures steady to lower as Hormuz standoff escalates and oil volatility fuels recession and inflation concerns ahead of key US data - US equity futures trade little changed to slightly lower Sunday night as geopolitical tensions in the Strait of Hormuz intensify - President Trump issues a 48-hour ultimatum to Iran threatening strikes on power plants if the Strait of Hormuz is not reopened - Iran responds by threatening US energy infrastructure and a full closure of the Strait of Hormuz, escalating the four-week-old conflict - $Colgate-Palmolive(CL)$ posts choppy gains after an initial spike and partial pullback, while $XAUUSD gold $Gold - main 2604(GCmain)$ weakens into the weeke