if Trump decides to bomb Iran and the conflict produces a prolonged disruption to the supply of oil, that might strengthen the dollar while damaging the global economy.

The S&P 500 dropped as Trump weighs whether to enter Israel's war with Iran.

Here’s a snapshot of the action this morning prior to the opening bell in New York.

if Trump decides to bomb Iran and the conflict produces a prolonged disruption to the supply of oil, that might strengthen the dollar while damaging the global economy.

Analyst notes from UBS and Oxford Economics suggest the impact of a fallout in the Middle East could be manageable.

The White House said Thursday evening that President Donald Trump would decide on whether he’d strike Iran within two weeks.

"While the war between Israel and Iran can always escalate, conflicts are not usually a sustained bullish price driver."