U.S. Stock Futures Drop After Iran Attacks Military Base in Iraq

(Bloomberg) — U.S. stock index futures fell after Iran said it started an attack on an Iraqi base hosting U.S. troops.S&P 500 Index futures contracts expiring in March were down 1.1% as of 8:41 a.m. in Tokyo, after Iran’s state television reported that the nation has started operation “Martyr Soleimani,” with several rockets being fired at the Ayn al-Asad base in Iraq. Futures on the Nasdaq 100 Index dropped 1.3% and those on the Dow Jones Industrial Average declined 1%.“The markets were struggling to form a consensus view as to how the US-Iran escalation will pan out,” said Stephen Innes, …read more

Source:: Yahoo Finance

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