Stock Futures Drop / Explosions reported in Iran

James48843

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Stock futures drop 1% on unconfirmed reports of explosions in Iran: Live updates
Yun Li
WATCH LIVE

Traders on the floor of the New York Stock Exchange on Aug. 4, 2022.
Source: NYSE

Stock futures plunged Thursday evening after unconfirmed reports of explosions in Iran.

Iran's Fars news agency reportedly said that explosions were heard near the airport at the country's central Isfahan city, but the reason was unknown. Oil prices spiked more than 3% in Asia morning trading, with global benchmark Brent crude futures topping $90 a barrel.

Futures on the Dow Jones Industrial Average slid 430 points, or 1.15%. S&P 500 futures lost nearly 1.34%, and Nasdaq 100 futures were down 1.62%.

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