Stocks Drop, Oil Rises on Iran Report; TSMC, Samsung Disappoints Investors

US equity futures drop and oil rises after a report that the White House asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections. Samsung posts a nearly nine-fold rise in quarterly operating profit, while TSMC’s sales jump 51%, but the results fail to impress investors. Cayla Seder of State Street discusses...