U.S. stock futures plunged on Friday morning following the news, with the S&P 500 down almost 1% and the Dow down nearly 300 points, or 0.9%, in pre-market trading.
The escalating tensions between the U.S. and Iran also weighed on other global stock markets: The Stoxx Europe 600 fell by 0.8%, the UK’s FTSE 100 by 0.7% and Hong Kong’s Hang Seng index was down 0.3%, for example. While stocks retreated from their early 2020 rally, oil prices surged more than 4%, hitting an 8-month high of almost $70 per barrel. that the U.S. airstrikes will lead Iran to retaliate by attacking oil infrastructure of U.S. allies in the Middle East, like Saudi Arabia, according to CNBC. Such a retaliation would disrupt global oil supply chains and likely also send the prices oil skyrocketing further.
So that was the plan? World's order is just a toy in politicians hand?
Blame Trump. No one wants a war that can’t be won.
Because America is ruled by demons
Business strategies
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »