Dow futures up 200 points; Israel Army says destroyed one-third of Iran missile launchers

By CNBCTV18.COM |  Jun 16, 2025 2:50 PM IST (Updated)US Stock Market Live: Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line, having recovered from the initial fall, where the Dow futures were down as much as 150 points. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line, having recovered from the initial fall, where the Dow futures were down as much as 150 points. Friday’s session put a spanner to Wall Street’s march towards reclaiming record highs as the West Asia conflict hit sentiments and investors chose to book profits. The Dow Jones fell 770 points on Friday, while the S&P 500 and Nasdaq also shed over 1% each. Geopolitics continue to remain a key driver of market sentiment, at least in the near-term. This week, a truncated one for US equities, will be marked by the FOMC meeting ad a whole host of other central bank decisions. Oil prices opened higher but have failed to sustain above the $75 per barrel mark, despite Israel attacking some of Iran’s key energy infrastructure. Gold continues to see haven buying, while he US Dollar index is back above 98. Watch this space for all the Live updates.

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