Markets React to Middle East Airstrikes: Futures Rise, Oil Drops

Global markets saw futures rise and oil prices drop, as investors appeared to largely ignore the latest round of airstrikes in the Middle East.

9 Jul, 12:26 — 9 Jul, 12:26

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zerohedgeLow3d ago

Futures Rise, Oil Drops As Markets Ignore Latest Middle East Airstrikes

Futures Rise, Oil Drops As Markets Ignore Latest Middle East Airstrikes Futures are higher (although off session highs), and oil erased overnight gains as the market moved past the latest Middle-East flare up which saw the US military strike 90 Iranian targets for a second day and Tehran retaliated against American allies in the Persian Gulf. And like during previous escalations, this time nobody believes it will last. As of 8:00am ET S&P 500 futures rose 0.2% and Nasdaq 100 con...

By Tyler Durden

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Markets React to Middle East Airstrikes: Futures Rise, Oil Drops

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Futures Rise, Oil Drops As Markets Ignore Latest Middle East Airstrikes

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