Markets Drop as Trump's Iran Threats Spike Oil, Rattle Investors
U.S. stock futures tumbled Monday, with Dow futures dropping over 300 points, as escalating geopolitical tensions and a surge in oil prices above $112 a barrel spooked investors. The sell-off follows a strong week of gains and is directly tied to heightened uncertainty over potential U.S. military action against Iran. President Donald Trump set a Tuesday deadline for Iran to open the critical Strait of Hormuz, threatening in a social media post to bomb the nation's power plants and bridges if his demands are not met, a move analysts say has intensified global uncertainty. This shift in outlook pushed oil prices significantly higher on fears that a prolonged conflict could severely disrupt global energy supplies, evidenced by the arrival of the 31st Marine Expeditionary Unit in the Middle East. Wall Street is now bracing for continued volatility, weighing the prospect of the conflict continuing for weeks, which dampens hopes for a quick resolution that had buoyed markets last week. The tech-heavy Nasdaq and S&P 500 futures also fell, though slightly less than the Dow, as investors sought safer assets amid the renewed fears of a broader regional war and its impact on inflation and the global economy.
Prefer swipe-first reading?
Install the app to keep reading with faster loads and a smoother mobile experience.
Sources
Dow Futures Drop 164 Points As Oil Jumps Above $112; Trump Sets Tuesday Deadline On Iran Over Strait Of H - Benzinga
Dow futures fell 164 points, or 0.35%, to 46,568.00. S&P 500 futures declined 15.25 points, or 0.23%, to 6,607.00, while Nasdaq 100 futures dropped 23.50 points, or 0.10%, to 24,194.50 as of 8:49 p.m.
us stocks: Why are US stock market futures crashing today and Dow, S&P 500 and Nasdaq in red now? Wall Street futures fall, US stocks to watch out for, analysts insights, market outlook and what should investors do now - The Economic Times
Why are US stock market futures crashing today and Dow, S&P 500 and Nasdaq in red now? Wall Street futures dropped in premarket trading after new signals of intensified US military action against Iran increased global uncertainty. The shift in geopolitical outlook pushed oil prices higher and ...
Stock market today: Oil surges, futures fall as Trump ratchets up threats against Iran
US stock futures moved in the other direction at the open of futures trading, with futures on the S&P 500 (ES=F) dropping roughly 0.8% and those on the tech-exposed Nasdaq 100 (NQ=F) fell roughly 1%. Contracts on the Dow Jones Industrial Average (YM=F) lost 0.7%, or roughly 340 points.
Dow futures fall over 300 points as Trump threatens escalation, oil prices rise - CNBC TV18
Futures linked to the Dow Jones are down nearly 270 points, while those on the S&P 500 and the Nasdaq are down 40 points and 170 points respectively. The fall comes after indices had staged a sharp recovery from intraday lows last Thursday, with the S&P 500 and Nasdaq closing with modest gains ...
Fact Checks
Take Yomuyo with you
Download the mobile app for personalized headlines and quick access to breaking stories.