Stock futures fell ahead of Monday's session after the United States entered Israel's waragainst Iran over the weekend by striking three nuclear sites, a move by President Donald Trump that raised oil prices and risked a bigger conflict in the Middle East.
Futures tied to the Dow Jones Industrial Average fell by 109 points, or 0.3%. S&P 500 futures shed 0.3% and Nasdaq 100 futures lost 0.4%.
Stocks rose Monday, with oil prices declining, following a restrained response by Iran to U.S. attacks over the weekend.
www.cnbc.com
Also as the original post said the crypto market got hit even harder. To some people this might be a joke, but the crypto market accounts are about 3 1/2% of all of the global money in the world. It is a very serious thing. Ethereum is the second biggest coin on the market and peoples portfolio has lost 12% on the Ethereum coin in the past few days.
So it’s directly due to the US getting involved in a conflict between Israel and Iran. And I know you’re not calling me an anti-Semite but for those who are I don’t care. I campaigned for Trump. I deserve better, but I don’t care about the name calling lol.
I see this as the work of Netanyahu has little to do with the people of Israel, Iran or America. It is one Prime Minister, who has btw been accused of corruption and taking bribes and then October 7 happens all of a sudden out of nowhere. Looks like a heck of a coincidence.