Dow futures plunged nearly 600 points Sunday evening as oil prices surged more than 7% following President Donald Trump’s comments that the Iran conflict could intensify and additional American casualties are likely.
Key developments:
• Dow futures down 588 points
• S&P 500 and Nasdaq futures down more than 1%
• WTI crude up 7.3% to $71.90
• Gold futures up 2.55%
• Operation Epic Fury launched by U.S. forces
• 3 U.S. service members killed, 5 seriously wounded
Markets are reacting to rising geopolitical risk and potential escalation in the region.
#Dow #StockMarket #DowJones
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