Wall Street Poised to Rebound Amid New Iran Tensions
Key Points:
- Stock futures rose Thursday morning with S&P 500 futures up 0.7%, Nasdaq futures over 1%, and the Dow up about 0.7% or 370 points, following a sharp selloff the previous day.
- The US completed its latest round of "self-defense strikes" in Iran early Thursday, prompting retaliatory attacks by Tehran on US bases in Bahrain and Kuwait.
- Iran's foreign ministry condemned the American strikes, stating they rendered the ceasefire "meaningless" and warned of "highly dangerous consequences."
- Former President Trump criticized Iran for not quickly accepting US nuclear deal terms, accusing them of "playing us for suckers."