US stock futures fell after the US said it had launched strikes against Iran.
Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) fell roughly 0.3%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) tumbled 0.4%.
In a post on X, US Central Command confirmed forces launched “self-defense” strikes against Iran. Meanwhile, Iranian media reported that Qaeshm Island in the Strait of Hormuz had been attacked with around six explosions, according to Bloomberg.
Tensions between the US and Iran ramped back up after a US Apache helicopter was downed on Monday near the Strait of Hormuz. On Tuesday, President Trump said Iran had attacked the helicopter and vowed a response.
Stocks closed mixed in day trading on Tuesday as investors rotated out of the AI trade amid concerns the protracted war with Iran could force the Federal Reserve to…
