The S&P 500 Index ($SPX) (SPY) today is down -0.43%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.62%. June E-mini S&P futures (ESM25) are down -0.42%, and June E-mini Nasdaq futures (NQM25) are down -0.52%.
Stock indexes are sliding today, and crude oil is up by more than +1%, as market sentiment turned negative on fears of an escalation of the Israel-Iran war after President Trump played down the chance of a ceasefire. After leaving the G-7 meeting in Canada, President Trump said that he hasn’t reached out to Iran for peace talks “in any way, shape or form” and that a “permanent end and not a ceasefire” to the nuclear dispute with Iran would be the goal.
