HighNegative
Announced Wed, 8 Jul · 17:41 IST
Dow Jones| Nasdaq | US Stock Market Today | Live: US stock futures tumble as Trump says Iran deal is 'over', oil climbs
Price reaction · full curve
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AI summary
US stock futures tumbled sharply after President Trump declared the Iran deal 'over', triggering a 6 percent plus surge in crude prices with Brent and WTI rallying on fears of tighter supply. Nasdaq futures hit a four-week low, energy stocks like Chevron and Exxon rose in premarket trade, while airline and cruise operators declined on fuel cost concerns. Investors now await Federal Reserve minutes due later in the day for signals on inflation and the rate path, with markets pricing in at least one rate hike by 2026.