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Stock Futures Plunge on Iran Tensions, Energy Prices Soar

Stock Futures Plunge on Iran Tensions, Energy Prices Soar

US News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 3, 20261m 25s

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Show Notes

U.S. stock futures plummeted Tuesday, with Nasdaq contracts leading the drop, as markets grappled with the fallout from U.S. and Israeli strikes on Iran. Dow and S&P 500 futures also fell sharply. Tensions escalated with Irans threat to block the Strait of Hormuz, causing energy prices to surge and inflation fears to rise. Tech shares, including Nvidia and Microsoft, took a hit, while small-cap futures and the fear gauge VIX spiked. Energy and defense stocks, however, gained ground. Investors await Federal Reserve speakers and oil price developments for further clues on rates.

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