Stock futures fall after U.S. strikes Iran; Wall Street heads for winning month: Live updates
US stock futures for the Dow, S&P 500, and Nasdaq are falling as oil prices jump following US military strikes against Iranian rocket launchers and sites in the Strait of Hormuz. Markets are reacting to renewed hostilities and inflation anxiety, though some traders are preparing to end a winning month. Asian shares have also retreated or remained mixed as yields and oil prices stay high. Additionally, inflation concerns and comments from Warsh at Jackson Hole have increased bets on a potential interest rate hike.
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- ✓ US stock futures for the Dow, S&P 500, and Nasdaq have declined.
- ✓ Oil prices have risen following US strikes on Iran.
- ✓ The US targeted Iranian rocket launchers.
- ✓ Asian shares have retreated or shown mixed results.
What changed
US military strikes on Iranian rocket launchers and sites in the Strait of Hormuz have triggered a drop in stock futures and a surge in oil prices.
Live updates
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US Stock Futures Dip and Oil Prices Surge Following US Strikes on Iran
US stock futures for the Dow, S&P 500, and Nasdaq are falling as oil prices jump following US military strikes against Iranian rocket launchers and sites in the Strait of Hormuz. Markets are reacting to renewed hostilities and inflation anxiety, though some traders are preparing to end a winning month. Asian shares have also retreated or remained mixed as yields and oil prices stay high. Additionally, inflation concerns and comments from Warsh at Jackson Hole have increased bets on a potential interest rate hike.
Why it matters
Military conflict in the Middle East often triggers volatility in energy markets, which can drive up global inflation. The timing of these strikes coincides with anticipation of US jobs data and technology earnings. Investors are balancing these geopolitical risks against the broader monthly performance of Wall Street.
What is confirmed
- US stock futures for the Dow, S&P 500, and Nasdaq have declined.
- Oil prices have risen following US strikes on Iran.
- The US targeted Iranian rocket launchers.
- Asian shares have retreated or shown mixed results.
Still unconfirmed
- US attacks on Iran occurred for the first time in a month.
What to watch next
- Release of US jobs data
- Upcoming technology earnings reports
- Further military escalations or cease-fire signals in the Middle East
confidence 90%Sources used for this update (21)
- CNBC — Stock futures are little changed as traders get set to wrap up a winning month: Live updates
- Investor's Business Daily — Dow Jones Futures Fall, Oil Prices Jump As U.S. Strikes Iran
- Bloomberg.com — Oil Rises on Iran Tensions, US Stock Futures Dip: Markets Wrap
- Barron's — Stock Futures Drift Lower, Oil Rises Ahead of Jobs Data, Tech Earnings
- Moomoo — [Morning Brief] Probability of a rate hike this year at "90%" amid inflation concerns; US stock futures fall as US attacks Iran for the first time in a month
- Investing.com — U.S. stock futures dip amid renewed Iran hostilities
- Reuters — Shares skid in Asia as oil, yields stay high
- TradingView — How Are Nasdaq, Dow, S&P 500 Futures Reacting As US Launches Fresh Strike On Iran?
- MarketWatch — U.S. stock futures slip as chances of rate hike rise after Warsh’s Jackson Hole comments
- 10TV — Asian shares, US futures retreat and oil prices surge after US strike on Iranian rocket launchers
- Investing.com — Oil jumps, Fed hawkish, Jobs data - What’s moving markets
- AP News — Asian shares are mixed and oil prices surge after US strike on Iranian rocket launchers
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