US Stock Market LIVE Updates: Futures slide as Trump’s Iran stance rattles sentiment; oil jumps
Published on 02/04/2026 04:00 PM
US stock futures dropped sharply on Thursday after Donald Trump indicated that the conflict with Iran is likely to continue, dampening investor sentiment and lifting oil prices.Futures tied to the Dow Jones Industrial Average fell 541 points, or 1.2%, while S&P 500 futures declined 1.4%. Futures on the Nasdaq-100 dropped 1.7%, reflecting broad-based risk aversion.The move comes as oil prices surged amid concerns that a prolonged conflict could disrupt global energy supplies. Donald Trump’s remarks reinforced fears that geopolitical tensions in West Asia may persist, keeping volatility elevated across markets.
US stock futures declined sharply, reflecting risk-off sentiment after President Donald Trump struck a more hawkish tone on Iran than markets had anticipated. Futures linked to the Dow Jones Industrial Average fell 1.1% versus fair value, while S&P 500 futures dropped 1.25%. Nasdaq 100 futures led losses, sliding 1.6%.
The move came alongside a sharp rebound in crude prices. US crude surged nearly 5% to around $105 per barrel, reversing earlier losses that had briefly pulled prices to about $98 before Trump’s remarks.
Bond yields also edged higher, with the 10-year Treasury yield rising a few basis points to 4.38%, signalling some pressure on fixed income amid the geopolitical uncertainty.
US Futures declined sharply after US President Donald Trump threatened of more attacks on Iran in the coming few weeks.
Dow Futures are down 400 points, Nasdaq futures are down 340 points, while S&P futures have declined 1.1%.
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