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Stock futures slip after U.S. initiates another round of attacks against Iran: Live updates
U.S. equity futures fell slightly Wednesday evening after the market sold off on renewed U.S.-Iran tensions and a jump in oil prices.
Futures tied to the Dow Jones Industrial Average were down 56 points, or 0.1%. S&P 500 futures fell 0.1%, and Nasdaq 100 futures lost 0.2% as well.
The U.S. launched fresh strikes on Iran in response to Tehran's attacks on commercial shipping in and around the Strait of Hormuz, U.S. Central Command said Wednesday afternoon. West Texas Intermediate crude futures were last up roughly 1%.
Earlier in the day, President Donald Trump said he may no longer be interested in negotiating a deal with Iran. Prior to that, he said that the ceasefire between the U.S. and Tehran is "over" after another wave of attacks in the Middle East.
US stock markets fall amid Iran strikes and potential higher interest rates
Dow down 1.09%, or 500 points, as S&P 500 sees a small loss and tech-heavy Nasdaq rises slightly
US stock markets fell on Wednesday as the US continued strikes on Iran and the Federal Reserve flagged concerns that would warrant higher interest rates.
Donald Trump’s declaration at the Nato summit in Ankara that the Iran-US ceasefire is over sent oil prices sharply higher on Wednesday. Brent crude, the global benchmark, jumped more than 5% to crest $80 a barrel. US stocks fell in step, with the Dow down 1.09%, or 500 points, at closing Wednesday afternoon. The S&P 500 saw a small loss while the tech-heavy Nasdaq rose slightly. Global stocks had fallen earlier in the day, with the UK’s FTSE 100 down 1% as Japan’s Nikkei fell 2.1%.
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