Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

nitpicked

(1,842 posts)
Thu Apr 2, 2026, 06:55 AM 6 hrs ago

(0645) Dow futures slump 500 points as oil surges after Trump address on U.S.-Iran war

https://www.cnbc.com/2026/04/01/stock-market-today-live-updates.html

U.S. stock futures tumbled on Thursday after President Donald Trump indicated that the Iran war would continue, sending oil prices higher as well.

Futures tied to the Dow Jones Industrial Average slid 541 points, or 1.2%. S&P 500 futures declined 1.4%, and Nasdaq 100 futures
lost 1.7%.[
(snip)

His comments also led to a surge in oil prices. West Texas Intermediate crude futures were last up 7.9% at $107.98 a barrel, while Brent crude futures advanced 7.3% to $108.59.
(snip)

Thursday marks the last trading day of the shortened week, as markets are closed for Good Friday. On Thursday morning traders will watch out for initial jobless claims for the week ending March 28, while March’s jobs report is set for release on Friday morning.
(snip)
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
(0645) Dow futures slump 500 points as oil surges after Trump address on U.S.-Iran war (Original Post) nitpicked 6 hrs ago OP
Which billionaire shorted the market at 3pm yesterday? bucolic_frolic 6 hrs ago #1
It's not just billionaires shorting oil 303squadron 5 hrs ago #2
The crazy thing is that his people thought he did a good job. Renew Deal 5 hrs ago #3
0830 update nitpicked 4 hrs ago #4

bucolic_frolic

(55,152 posts)
1. Which billionaire shorted the market at 3pm yesterday?
Thu Apr 2, 2026, 07:01 AM
6 hrs ago

It's no longer just TACO trading. It's contrived volatility for the profit of insiders.

303squadron

(825 posts)
2. It's not just billionaires shorting oil
Thu Apr 2, 2026, 07:47 AM
5 hrs ago

We need to know which Senators and Representatives shorted oil yesterday.

Renew Deal

(85,174 posts)
3. The crazy thing is that his people thought he did a good job.
Thu Apr 2, 2026, 07:51 AM
5 hrs ago

It was 99% rambling old BS. 1% was violent threats and a noticeable missing timeline.

nitpicked

(1,842 posts)
4. 0830 update
Thu Apr 2, 2026, 08:41 AM
4 hrs ago

U.S. stock futures tumbled on Thursday after President Donald Trump indicated that the Iran war would continue, sending oil prices higher as well.

Futures tied to the Dow Jones Industrial Average slid 718 points, or 1.5%. S&P 500 futures declined 1.7%, and Nasdaq 100 futures lost 2.1%.
(snip)

His comments led to a surge in oil prices. West Texas Intermediate crude futures were last up 10% at above $110 per barrel, while Brent crude future advanced 7% to above $109 a barrel.
(snip)

Latest Discussions»General Discussion»(0645) Dow futures slump ...