Stock Futures Wobble After Iran Says It Won’t Surrender

Stock futures briefly slipped into the red before regaining positive territory after Iran defied President Donald Trump’s demand that his country surrender in a televised speech.

Futures on the Dow Jones Industrial Average rose 43 points, or 0.1%. Futures for the S&P 500 were up 0.1%, while Nasdaq 100 futures rose 0.2%. Oil prices, which spiked yesterday, were rising after falling earlier in the day.

Markets retreated Tuesday as Trump sent mixed messages on whether the U.S. would become directly involved in the war as Israel continued to launch strikes on its neighbor. In a social media post, Trump demanded “unconditional surrender and added that Iran’s Supreme Leader Ayatollah Ali Khamenei is an “easy target,” but the U.S. won’t kill him, “at least not yet.”