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Stock futures are little changed as investors weigh Middle East tensions and await Fed minutes: Live updates
Global stock futures moved sharply lower early Wednesday after U.S. President Donald Trump told the NATO summit in Turkey that the ceasefire with Iran is "over", amid renewed hostilities in the Middle East.
Futures on the Dow Jones Industrial Average were down 351 points, or 0.67% by 4:30 a.m. E.T. shortly after Trump's comments in Ankara, extending declines seen overnight. Futures tied to the S&P 500 were 0.44% lower and the Nasdaq 100 futures were 0.54% lower.
In Europe, the Stoxx 600 dropped 1.46%, with all major regional bourses and sectors, except oil and gas, sliding into the red.
The U.S. started a "series of powerful strikes" against Iran on Tuesday evening, retaliating for attacks against three commercial vessels traveling in the Strait of Hormuz, U.S. Central Command said. Earlier, the Treasury Department revoked a license that permitted Iran to sell its oil around the world in light of the attacks in the Hormuz Strait.
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