Updated 1 min read
US stock futures tumbled as the US struck Iran just hours after President Trump had pledged to do so, saying negotiations were taking “too long.”
Futures attached to the Dow Jones Industrial Average (YM=F) slipped roughly 0.1%. Futures attached to the benchmark S&P 500 (ES=F) fell 0.2%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) sank 0.4%.
US Central Command confirmed the attacks on X, describing them as “in response to Iran’s unwarranted and continued aggression.”
Earlier on Wednesday, President Trump told reporters in separate comments that Iran would be hit “very hard” and would “pay the price” for stalled talks. His statements came a day after the US attacked Iran on Tuesday. US officials said those attacks responded to the downing of an Apache helicopter over the weekend.
The renewed military activity and fresh threats set markets up for a difficult day on Wednesday. Stocks dove and oil jumped amid signs the Strait of Hormuz would remain closed for the foreseeable future. The day’s downbeat sentiment was exacerbated by the latest inflation report, which showed prices rising rapidly.
Coming soon
Stock market coverage for Thursday, June 11, 2026.
