Trump declared the Iran accord "over" as the U.S. launched fresh strikes, sending oil above $74 while stock futures rose.

A divided market turns broadly lower on the prospect of renewed hostilities.

U.S. strikes on Iran after Strait of Hormuz ship attacks pushed oil above $72, weighed on Dow futures and threatened a fragile ceasefire.

On Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Iran null and void. This announcement…