· Wall Street’s major indexes declined on Tuesday as investor caution persisted amid a dispute between the United States and Iran, while energy shares fell as oil prices gave back some recent gains.
The Dow Jones Industrial Average .DJI fell 119.7 points, or 0.42%, to 28,583.68, the S&P 500 .SPX lost 9.1 points, or 0.28%, to 3,237.18 and the Nasdaq Composite .IXIC dropped 2.88 points, or 0.03%, to 9,068.58.
· Dow futures plunge 400 points after Iran retaliation raises fears of bigger conflict
U.S. stock futures plunged on Tuesday night on reports that rockets were fired at an Iraqi airbase that hosts American troops.
Dow Jones Industrial Average futures dropped 410 points and indicated a loss of 432 points at Wednesday’s open. S&P 500 and Nasdaq 100 futures pointed to losses of at least 1.5%.
U.S. military officials told NBC News the Al Asad airbase, which is located in western Iraq, has come under attack, with multiple projectiles hitting it.
· Asia markets tumble as violence flares in Iraq; oil and gold prices soar
Asia Pacific markets tumbled Wednesday following reports that rockets were fired at an Iraqi airbase that hosts American troops.
In Japan, the Nikkei 225 declined 2.45% while the Topix index fell 2.22%. South Korea’s Kospi index was down 1.42% while Australia’s S&P/ASX 200 dropped 0.82%.
Reference: CNBC, Reuters
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