Markets Slip as Iran-Israel Clash Triggers Oil Spike
TL;DR Summary
U.S. stock futures fell after weekend U.S.-Israel strikes on Iran, with Dow futures down about 571 points (-1.2%), S&P 500 futures off around 1%, and Nasdaq futures just over 1% lower as oil jumped about 8% and gold rose ~2% on heightened Middle East risk; analysts warn the volatility could persist, with Wells Fargo outlining a worst-case oil-shock scenario and Goldman Sachs saying only a sustained energy shock would derail global growth.
- Dow futures drop 500 points as oil prices spike following U.S. attack on Iran: Live updates CNBC
- Oil Prices Jump 10% After Iran Attack, Pointing to Economic Risks The New York Times
- Oil prices jump as Iran war threatens shipping through strait of Hormuz The Guardian
- Oil surges and stock futures sink after war in Iran disrupts crude supply CNN
- Oil prices rise sharply in market trading after attacks in Middle East disrupt supply NPR
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