Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate

Asia stocks are mostly lower as worries about potentially escalating tensions in the Middle East rattle financial markets. U.S. futures rose and oil prices fell. The retreat in Asia on Monday following a mixed start to earnings reporting season that took the S&P 500 down 1.5% on Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its record. JPMorgan Chase was among the stock market's heaviest weights after giving a forecast for a key source of income that was below analysts' estimates. The pressure is always on companies to produce fatter profits. But it’s particularly acute now given expectations that interest rates may stay high for a while.