Trump Says Iran Talks 'Going Well'; Oil Falls to Nearly $67 While South Korea's KOSPI Slides More Than 5%

On Wednesday, President Donald Trump’s upbeat assessment of U.S.-Iran negotiations weighed on oil prices and shaped global market sentiment, even as Asian equities tumbled sharply.

Oil, Dow Futures Dip, KOSPI Tumbles

Dow futures fell 43.00 points, or 0.08%, to 52,625.00, while S&P 500 futures gained 4.75 points, or 0.06%, to 7,548.25 and Nasdaq 100 futures climbed 93.00 points, or 0.31%, to 30,187.25 as of around 9:18 p.m. EDT.

In commodities, WTI crude oil fell 1.17% to $67.78 per barrel, while Brent crude declined 0.99% to $70.86 per barrel. Natural gas futures slipped 0.78% to $3.195 per MMBtu.

Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of currencies, stood at 101.402, little changed on the day.