Stock market today: Dow S&P 500, Nasdaq futures stumble after Trump says war with Iran not yet over

23 hours ago 1

Updated Thu, April 2, 2026 astatine 7:13 AM CDT 1 min read

US banal futures fell connected Thursday greeting aft President Trump vowed to "hit Iran hard" and "send them to the Stone Age" successful a nationalist code that failed to supply a definite extremity to the US-Israeli warfare successful Iran.

Futures tied to the S&P 500 (ES=F) fell 1.5% arsenic Nasdaq 100 futures (NQ=F) sank 2%. Dow Jones Industrial Average futures (YM=F) dropped 1.4%, sliding much than 600 points.

CBOT - Delayed Quote USD

46,099.00 -707.00 (-1.51%)

As of 8:10:04 AM EDT. Market Open.

YM=F ES=F NQ=F

Markets are making consciousness of President Trump's code that suggested the US would escalate its subject operations earlier withdrawing from Iran successful 2 to 3 weeks. Developments successful the US-Israeli warfare against Iran person rattled planetary markets for weeks, with an unfastened Strait of Hormuz a important signifier for stableness successful vigor markets.

Brent crude has surged astir 40% since the warfare began successful precocious February. Though a pullback successful lipid prices this week has bolstered sentiment. Following Trump's address, US benchmark West Texas Intermediate (CL=F) roseate 9% to commercialized supra $109 a barrel, portion Brent (BZ=F) jumped 8% to besides commercialized supra $109.

Thursday marks the last trading league of the holiday-shortened week up of the Good Friday closure. Investors volition parse play jobless claims information successful the morning, with the intimately watched March jobs study owed Friday.

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Bitcoin falls to $66,000 amid unit connected hazard assets

Bitcoin (BTC-USD) fell backmost toward its lows of this year, tempering optimism of a comeback aft the crypto snapped its monthly losing streak.

The cryptocurrency fell 3% to $66,172 connected Thursday greeting arsenic portion of a wider formation from hazard assets pursuing a code from President Trump connected the warfare successful Iran.

In his address, Trump didn't supply an extremity day to the warfare successful Iran, renewing fears of further marketplace disruptions from the ongoing conflict.

“Stock and commodity markets proceed to whipsaw according to Trump’s latest comments connected geopolitical developments,” Caroline Mauron, co-founder of Orbit Markets, told Bloomberg. “Bitcoin is mostly pursuing stocks’ direction, though successful the past fewer weeks it has showed reduced sensitivity to some bully and atrocious news.”

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Energy shocks tin inactive beryllium bullish for investors, expert says

You haven't missed each the gains to travel successful lipid stocks successful the aftermath of Operation Epic Fury, writes Yahoo Finance's Brian Sozzi. One expert says that lipid stocks proceed to marque a batch of sense.

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How markets are reacting to Trump's latest connection connected Iran

Here's a rundown connected however the antithetic assets are reacting to the latest quality connected the Iran war.

Cryptocurrencies: Bitcoin (BTC-USD) fell astir 3% and hovered conscionable supra $66,000. Ethereum (ETH-USD) besides fell by 4% and sat astir $2,000 arsenic of 5:44 americium ET pursuing the quality connected Trump's continued subject advancement successful Iran.

Metals: Gold (GC=F) futures slumped implicit 3%. Copper (HG=F) besides fell, alongside aluminum (ALI=F), which had reached its highest adjacent successful 4 years connected Wednesday was little today.
Premarket trending tickers: Tech, Energy stocks, and CF Industries Holdings

Tech stocks, Nvidia (NVDA), Alphabet (GOOG, GOOGL), Micron (MU), Tesla (TSLA) and Intel (INTC) each fell betwixt 2-3% during premarket hours connected Thursday aft President Trump announced strikes connected Iran would continue, causing US equities to fall, with Nasdaq 100 futures sinking 1.4%.

Energy stocks Devon Energy (DVN), Antero Resources Corp. (AR), Occidental Petroleum Corp. (OXY), and Permian Resources (PR) each roseate 3% earlier the doorbell connected Thursday, pursuing President Trump's announcement connected Thursday that the US volition proceed to onslaught Iran, starring to a pullback successful US equities and a emergence successful Brent crude (BZ=F) and crude (CL=F) lipid prices.

CF Industries Holdings Inc. (CF) stock roseate 5% during premarket hours connected Thursday. The American shaper and distributor of cultivation fertilisers has been affected by the warfare successful Iran, arsenic hopes dim that hostilities volition extremity pursuing Trump's code to the federation connected Wednesday, and proviso concerns astir fertiliser from the Persian Gulf persist.
Bitcoin tumbles with stocks arsenic Trump signals harder Iran strikes

Bitcoin (BTC-USD) fell connected Thursday pursuing President Trump's code to the nation, wherever helium said determination would beryllium harder strikes against Iran successful the coming weeks.

Bloomberg News report:

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Gold plunges arsenic Trump gives mixed signals connected Iran warfare resolution
Oil surges and US equity futures autumn aft Trump addresses federation successful Iran.

Oil prices jumped and US equity futures fell aft President Trump addressed the federation connected Wednesday night, wherever helium reiterated his statement that the US is adjacent to completing its goals but said the warfare is not implicit yet.

Futures connected Brent crude (BZ=F), the planetary benchmark, reversed from multi-percentage losses to a summation of astir 4.8%, trading astir $106 per tube aft dropping beneath $100 earlier successful the session. Those connected US benchmark West Texas Intermediate (WTI) crude (CL=F) reversed from earlier losses to summation astir 4.2% and commercialized adjacent $104.30

Futures connected the S&P 500 (ES=F) traded down by astir 1%, portion those connected the Dow Jones Industrial Average (YM=F) mislaid a somewhat slimmer 0.9% connected the session. Contracts connected the Nasdaq 100 (NQ=F) mislaid astir 1.1%.

Without laying retired immoderate genuinely caller information, the president implied Wednesday nighttime that the US would beryllium escalating the struggle successful an effort to extremity it, noting that the US is sending Iran “back to the chromatic ages” successful an effort to cripple their quality to endanger planetary security.

While Trump was reported to person been considering pulling US subject retired of Iran wrong 2 to 3 weeks portion leaving power implicit the Strait of Hormuz — the world’s astir captious vigor chokepoint — unsolved, the president did not instrumentality a beardown stance connected the contented Wednesday night.
Wed, April 1, 2026 astatine 11:03 PM UTC

As vigor surges, the US is acceptable for little maturation and higher inflation, says BofA

As the warfare successful Iran drags connected for a 5th week, vigor prices person surged, with lone mild pullbacks from multiyear highs. The result, according to Bank of America economists, volition beryllium slower growth, higher inflation, and lipid astatine $100 per tube done the remainder of 2026.

Yahoo Finance's Ines Ferré reports:

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