Nasdaq 100 Futures Rebound 0.6% as US Strikes on Iran Sink Asian Stocks 0.7%
Updated
Updated · Bloomberg · Jun 11
Nasdaq 100 Futures Rebound 0.6% as US Strikes on Iran Sink Asian Stocks 0.7%
3 articles · Updated · Bloomberg · Jun 11
Summary
Nasdaq 100 futures reversed earlier losses and rose as much as 0.6% after US military officials said strikes on multiple targets in Iran had been completed.
MSCI’s Asian equities gauge still fell 0.7% as American forces hit Iran for a second straight day, extending a risk-off mood across regional markets.
Oil climbed while broader stocks dropped, with the geopolitical flare-up adding pressure to markets already unsettled by a selloff in richly valued tech shares.
The rebound in US tech futures suggested sentiment stabilized after a weak Asian open, though trading remained tied to Middle East developments.