U.S. stock index futures declined Thursday amid escalating Middle East tensions and uncertainty over recent U.S.-China trade developments. Dow E-minis dropped 269 points (0.63%), S&P 500 E-minis fell 25.5 points (0.42%), and Nasdaq 100 E-minis slid 74 points (0.34%).
Investors showed caution after an Air India Boeing 787-8 Dreamliner crashed in Ahmedabad, India, with over 200 passengers on board. Boeing shares (NYSE:BA) plunged 7.6% in premarket trading. The incident added to broader risk-off sentiment already pressured by geopolitical risks.
President Donald Trump announced the repositioning of U.S. personnel in the Middle East, calling it a “dangerous place,” and warned Iran against pursuing nuclear weapons. An Iranian official responded by threatening U.S. bases if nuclear talks fail. The developments come ahead of a sixth round of U.S.-Iran nuclear negotiations.
In trade news, China confirmed a consensus on a trade agreement with the U.S., urging both sides to honor the deal. Markets await further details from this week’s two-day talks in London, as investor focus remains on tariff impacts and global economic stability.
Tesla (NASDAQ:TSLA) fell 1.7% and Nvidia (NASDAQ:NVDA) lost 1.1%, tracking broader tech weakness. In contrast, Oracle (NYSE:ORCL) jumped 7.7% after raising its revenue forecast on surging AI-related demand.
Gold prices rose, boosting U.S.-listed gold miners. Newmont climbed 1.5%, Harmony Gold gained 3.5%, and AngloGold Ashanti advanced 4.2%. Oklo shares slid 5.8% after launching a $400 million stock offering.
Markets also await May’s Producer Price Index and initial jobless claims, due later today. Citigroup (NYSE:C) analysts noted tariff effects may intensify in late summer, while current inflation appears muted.
The S&P 500 is now 2% below its February peak, while the Nasdaq is 2.7% off its December high.


RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 



