Dow Sinks 421 Points, Oil Surges To $104 As Donald Trump Threatens To 'Hit' Iran 'Extremely Hard' Within Weeks

Late Wednesday, U.S. stock futures slid while energy prices jumped sharply after escalating rhetoric from Donald Trump heightened fears of a broader conflict with Iran.
Stock Futures Drop As Geopolitical Tensions Rise
Following Trump's address to the nation, Dow futures fell 421 points, or 0.90%, to 46,385.00.
S&P 500 futures declined 68.25 points, or 1.03%, to 6,549.50, while Nasdaq 100 futures dropped 304.50 points, or 1.26%, to 23,890.25 as of 10:25 p.m. EDT.
In commodities, WTI crude futures climbed 4.29% to $104.42 per barrel, while Brent crude rose 4.97% to $106.19 per barrel.
RBOB gasoline futures gained 4.25% to $3.2229 per gallon and ULSD heating oil futures advanced 6.71% to $4.329 per gallon.
Natural gas futures rose 1.63% to $2.865 per MMBtu.
Meanwhile, the U.S. dollar index wa