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Posted on 06/12/2025 10:47:56 PM PDT by lasereye
US stock futures fell Thursday as an Israeli attack on Iran shook global markets, leading oil prices to spike as the Israeli defense minister declared a state of emergency.
Futures attached to the Dow Jones Industrial Average (YM=F) dropped 1.5%. S&P 500 futures (ES=F) plunged 1.6%, and those attached to the tech-heavy Nasdaq 100 (NQ=F) sank 1.7%.
On Thursday night, Israel conducted what it called a "preemptive strike" against Iran, citing fears over development of nuclear weapons in Tehran. Explosions erupted across the Iranian capital, reports said. Crude oil (CL=F) soared 8% as the strikes hit the third largest producer in OPEC+. The safe-haven asset of gold (GC=F) jumped as much as 1%.
Israel's defense minister suggested the country was bracing for retaliation.
US Secretary of State Marco Rubio said Israel took "unilateral action," saying the US was not involved in the strikes and warning Iran against targeting US interests and personnel.
The dramatic developments came after a day where stocks crept higher despite questions around President Trump's domestic agenda, as he hinted at steps that could rattle markets. The president floated hiking auto tariffs just a day after he said he would impose unilateral tariff rates on countries within two weeks. Separately, he reiterated his call for a jumbo rate cut from the Federal Reserve, adding that he "may have to force something" amid easing inflation.
(Excerpt) Read more at finance.yahoo.com ...
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“... setting back Iran’s nuke ambitions by years.”
“Iran has been “days away from developing nukes” for more than 30 years.”
6/12/25
10:29 PM
[92, 93, 95, 96, 2006...2008, 2009, 2010, 2012, 2022, 2024, 2025]
https://x.com/GarbageHuman24/status/1933366152845271321
Oh noes!!! Not 1.5%!!!
1.6% is not a “plunge”.
It is if you have TDS
They would already have them except Iraq destroyed Iran’s reactors ...then there were years of sabotage and losing their key scientists to keep setting them back over and over again.
Unfortunately, they only have to succeed once.
It has never been a case of Iran being unable to do it if left alone. If left alone that would have succeeded before Pakistan did. ... So long as the Islamic regime remains in power, there will be a constant need to keep setting them back. And since there is always the pacifist effort to make every effort to negotiate yet another unenforceable deal, the set back strikes are always going to be at the very last possible minute, meaning that it will always be after Iran is allowed to get ridiculously close to success each time, rather than as soon as Iran starts to try again.
Netanyahu declared more than once that Iraq had a substantial nuclear weapons program from refining all the way to missile technology and payload deliverability, and it turned out to be yet another lie from him.
He wants Americans to fight proxy wars for him and people are saying no more and that he can fight them.
You didn’t see his comments, clearly.
FWIW Bannon for months has been pitching deporting only those who came in under Biden. That is, just over the past 4 years.
hopefully it does not drop much, I’m getting ready to make. suddenly have some unexpected expenses coming up.
Iran should have been taken out decades ago.
S&P futures down less than 1% right now, but just as the economy was beating expectations all around...
Just more reason to “Drill, Baby - Drill!”
All the left-wing business outlets - Yahoo Finance, CNBC, CBS Marketwatch, Financial Times, and the Economist - are hoping desperately for a major recession and a stock market crash to destroy Trump’s presidency.
Netanyahu declared more than once that Iraq had a substantial nuclear weapons program from refining all the way to missile technology and payload deliverability, and it turned out to be yet another lie from him.If he has been lying about Iran's nuclear weapons development, and they're nowhere near having them, then this attack doesn't make any sense.
He wants Americans to fight proxy wars for him and people are saying no more and that he can fight them.
….and Gold is up 2 percent on the open…..$3444.00….
Well with oil going up Trump’s economy will struggle...
Oil surges
It’s summer vacation time it’s a yearly event.
Iran has good engineers and physicists mostly trained by the USA and Europe. If they wanted the bomb and they do, they would have built it. I think they have the bomb now.
The smart people live for the bumpy road driven by ideologes
Buy low, sell high.
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