Wall Street futures slide as Trump signals tougher Iran strikes, oil jumps 6%

U.S. President Donald Trump signaled more aggressive attacks on Iran, dampening hopes for an end to the month-long war and triggering a risk-off move; futures tracking Wall Street's main indexes slid while crude oil rose about 6%. The escalation increased market volatility, lifted energy prices and broad downside pressure on equity futures, raising systemic tail-risk for portfolios.

Analysis

U.S. President Donald Trump signaled more aggressive attacks on Iran, dampening hopes for an end to the month-long war and triggering a risk-off move; futures tracking Wall Street's main indexes slid while crude oil rose about 6%. The escalation increased market volatility, lifted energy prices and broad downside pressure on equity futures, raising systemic tail-risk for portfolios.