US stock futures rise as Trump warns Iran of economic collapse

  • President Donald Trump warned Iran of economic collapse or leadership destruction without an agreement.
  • Nasdaq 100 futures rose 0.55% to 30,081.25 at about 8:48 p.m. EDT.
  • Iran threatened retaliation against U.S. bases and interests after alleged Houthi attacks near Riyadh.

U.S. stock futures rose and Asian markets advanced while crude oil prices fell as President Donald Trump warned Iran of severe economic consequences or the destruction of its leadership unless Tehran reaches a deal with Washington. Dow futures gained 0.23% to 52,199.00, S&P 500 futures rose 0.34% to 7,738.50 and Nasdaq 100 futures advanced 0.55% to 30,081.25 at about 8:48 p.m. EDT. WTI crude declined 1.61% to $98.69 a barrel and Brent fell 1.43% to $102.38. Iran threatened sustained retaliation against U.S. bases and interests in response to any new attack, while the Iran-backed Houthi group claimed missile and drone strikes on sensitive targets in Riyadh. Shipping restrictions around the Strait of Hormuz and risks near the Bab el-Mandeb Strait kept energy markets focused on the possibility of further regional escalation.

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US stock futures rise as Trump warns Iran of economic collapse - CoinPost Terminal