Futures Down as Trump Departs G7 Early
Stock futures were lower on Tuesday as investors pored through the latest developments in the Middle East, with the conflict between Israel and Iran raging on.Futures for the Dow Jones Industrials fell 201 points, or 0.5%, to 42,663.Futures for the S&P 500 index sank 27.75 points, or 0.5%, to 6,061.75Futures for the NASDAQ surrendered 110.75 points, or 0.5%, to 22,057.50.On Monday evening, President Donald Trump said in a Truth Social post that “Everyone should immediately evacuate Tehran.” Trump also left the G7 summit in Canada early to deal with the situation in the Middle East.French President Emmanuel Macron said Monday that Trump offered a ceasefire between Iran and Israel. However, Trump said his departure from the G7 had “nothing to do with a Cease Fire. Much bigger than that.”In Japan, the Nikkei 225 index pushed higher 0.6% Tuesday, while in Hong Kong, the Hang Seng dropped 0.3%Oil prices recaptured $1.43 to $73.20 U.S. a barrel. Gold prices lost $3.70 to $3,435.60 U.S. an ounce.
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