Stock market today: S&P 500, Nasdaq, Dow futures fall as hopes of de-escalation in Iran dwindle

Futures tied to the Dow Jones Industrial Average (YM=F) dropped astir 0.8%. Contracts linked to the S&P 500 (ES=F) and Nasdaq 100 (NQ=F) besides moved little by 0.7%

The pullback follows a accelerated escalation successful tensions betwixt the US and Iran. President Donald Trump said successful a station connected Truth Social Sunday that an Iranian ship, TOUSKA, had been intercepted by US naval forces.

The president wrote ‘The Iranian unit refused to listen, truthful our Navy vessel stopped them close successful their tracks by blowing a spread successful the engineroom. Right now, U.S. Marines person custody of the vessel.’

In further posts connected Truth Social, Trump warned ‘NO MORE MR. NICE GUY!’ if Tehran does not hold to US demands, with threats to people Iranian vigor and civilian infrastructure.

Oil markets reacted immediately. US benchmark West Texas Intermediate (CL=F) crude surged astir 6.9% to commercialized conscionable beneath $90 per barrel, portion planetary benchmark Brent (BZ=F) crude climbed a akin borderline to adjacent $95, reflecting renewed concerns astir proviso disruptions successful the region.

Looking up for the week, investors volition parse different engaged agelong of earnings, with large names including Tesla (TSLA), Intel (INTC), and United Airlines (UAL) acceptable to study successful the days ahead, offering the adjacent trial for markets navigating grounds banal rises and expanding geopolitical risk.