U.S. stock futures pointed to a risk-off trade Sunday evening as investors reacted to the U.S.-Israeli bombardment of Iran over the weekend.
The selloff comes after President Donald Trump warned more casualties are likely from Operation Epic Fury, joining the first ones reported, while the FBI is investigating a mass shooting last night in Texas as potential terrorism.
Earlier, Trump has suggested the conflict with Iran could last a while as he makes regime change a goal, saying on social media Saturday that the bombing will continue “as long as necessary to achieve our objective of PEACE THROUGHOUT THE MIDDLE EAST AND, INDEED, THE WORLD!”
But he also told The New York Times on Sunday evening that he’s open to lifting sanctions on Iran if the new leadership that replaces Supreme Leader Ali Khamenei, who was killed in an airstrike, can serve as a pragmatic partner.
Futures tied to the Dow Jones industrial average fell 353 points, or 0.72%. S&P 500 futures were down 0.68%, and Nasdaq futures lost 0.79%.
