Stock market today: Dow futures drop 150 points, oil jumps after U.S. bombs Iran

Trump administration officials confirmed that the air strikes on Saturday night were targeting the nuclear program in Tehran and did not aim to change the regime or the beginning of a wider war that requires shoes on the ground.

But direct participation in offensive operations – which included the huge “Bunker Busters” that were dropped from mitigation launchers – in what was a conflict in the first place between Israel and Iran still is a major escalation.

Dow Jones Industrial Malce’s futures decreased 152 points, or 0.36 %. S&P futures decreased by 0.39 %, and future NASDAC decreased by 0.53 %.

Earlier on Sunday before the start of the Premark Trading, Dan IVES was the administrative director of Wedbush Securities Dan IVES in Wall Street following the American attack on Iran.

“The market will look at this threat in Iran as it has gone now and this is positive for growth in the broader Middle East and eventually the technology sector,” was published on X.

American oil prices rose by 3.5 % to $ 76.44 a barrel, and Brent jumped by 3.5 % to $ 79.70.

While global markets were expecting to see a preliminary tremor of oil, KPLER Energy Analysis Company indicated other reduction factors that could eventually reduce the strike.

“Expect the oil to open with a sharp gap from 7 to 10 % with an increase in risk installments. But do not be deceived, this may not last,” and it was published on X.

Kepler pointed out that Iran’s ability to take revenge was restricted, saying that the closure of the hormone strait was unlikely. Meanwhile, the increase in the early OPEC+ output for 411,000 barrels per day or more is possible to be increasing.

The escalation of conflict in the Middle East can be a test if it is still seen by American and dollars as safe origins in times of crisis.

The return on the cabinet was approximately 4.377 %. The dollar fell 0.29 % against the euro and 0.24 % against the yen. Gold, which appears as an alternative to the dollar, increased by 0.2 % to $ 3,393.00 an ounce.

Next week will contain many major events and economic reports. Many federal reserve officials will speak throughout the week, including president Jerome Powell, who will appear in the Capitol Hill on Tuesday and Wednesday.

Current home sales data, new home sales, and suspended sales on Monday, Wednesday and Thursday, respectively, are scheduled, as the housing market shows signs of increased demand and weak demand.

Also on Thursday, a preliminary reading of the trade deficit will appear amid Trump’s tariff alongside the orders of the strong commodities.

On Friday, the Federal Reserve Bank is preferred, the Federal Reserve, a personal consumption and expenses price index.