April 2, 2026

U.S. stock futures tumbled on Thursday after President Donald Trump indicated that the Iran war would continue, sending oil prices higher as well.

Futures tied to the Dow Jones Industrial Average slid 661 points, or 1.4%. S&P 500 futures declined 1.6%, and Nasdaq 100 futures lost 2%.

Trump delivered an address Wednesday night, providing updates on the Middle East conflict. Though he said that the U.S. is “getting very close” to ending the Iran war, Trump added that the nation would “hit” Tehran “extremely hard.”

“Over the next two to three weeks, we’re going to bring them back to the stone ages where they belong,” the president said.

 

MARKETS CRATER AS TRUMP VOWS TO PUNISH IRAN – WAR RAGES ON, OIL SURGES PAST $109! U.S. stock futures plunged sharply Thursday after President Trump’s chilling warning to “bring Iran back to the stone ages” sent shockwaves through global markets. The Dow dropped 661 points, S&P 500 and Nasdaq futures followed suit as oil prices soared 8-9%, threatening consumers with higher costs and a slowing economy. Analysts warn no quick relief until the Middle East conflict is resolved, while Federal Reserve holds steady – leaving inflation and volatility looming large.

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