Dow Jones Futures Drop Amid Trump Comments; SpaceX Rallies
Futures for the Dow Jones Industrial Average and other major stock indexes were slightly lower ahead of Tuesday's market open. On Monday, the Dow fell 272 points as oil prices surged following President Donald Trump’s warning to bomb Oman if it interfered with U.S.-Iran negotiations, which are set to expire after a 60-day ceasefire. The geopolitical tension contributed to broader stock declines but was offset in part by gains from Elon Musk-led SpaceX. The market reaction highlights the sensitivity of equities to political developments and energy prices.
Topics: Dow Jones Industrial Average oil prices U.S.-Iran relations