Market reactions to U.S. attack on Iran's nuclear sites lead to drop in stock futures

From Yahoo Finance: 2025-06-22 20:20:00

Stock futures dropped on Sunday following the U.S. attack on Iranian nuclear facilities, causing oil prices to rise amid fears of disruption in crude flows. The dollar decreased in value as gold continued to climb as an alternative safe-haven asset.

U.S. stock futures reflected anxiety as Wall Street considered the implications of increased U.S. involvement in the Middle East due to the attack on Iran’s nuclear facilities.

Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq all declined as a result of the U.S. attack on Iran’s nuclear program. The airstrikes marked a significant escalation in the conflict between Israel and Iran.

Oil prices surged after the U.S. attack, with U.S. oil reaching $75.84 per barrel and Brent crude at $79.07. Energy analytics firm Kpler noted other factors that could soften the impact on oil prices.

The escalation in the Middle East conflict may test whether U.S. bonds and the dollar are still considered safe-haven assets. The 10-year Treasury yield rose to 4.389%, while the dollar fell against the euro and yen. Gold traded flat at $3,385.00 per ounce.

Upcoming key events and economic reports include speeches by Federal Reserve officials, data on existing home sales, new home sales, pending sales, the trade deficit, durable-goods orders, and the Fed’s preferred inflation gauge, the personal consumption and expenditures price index.



Read more at Yahoo Finance: Dow futures drop 150 points while oil prices jump after the U.S. bombs Iran’s nuclear sites and widens Mideast conflict