Dow Jones Today: Why US Stock Futures Are Falling As Hormuz Attacks Lift Oil
Brent crude moved above $100 after multiple tanker incidents raised concern around Gulf energy supplies. In premarket trading on Thursday, U.S. stock futures also moved lower, with Dow Jones futures down 0.9%, S&P 500 futures down 0.5%, and Nasdaq-100 futures down 0.7%.
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Energy markets and broader trading screens were the immediate focus, with Brent above $100 and U.S. futures lower by Thursday morning. Traders, stock market participants, and crypto market observers would notice the shift at the start of the session because the moves were already present in premarket pricing.
Before this, futures could trade alongside calmer oil pricing; now the quoted session showed oil above $100 and major U.S. index futures down at the same time. What does not change is that the futures market still trades before the cash open, so the figures describe premarket conditions rather than a completed day of trading. (per coinpedia.org)
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