A violent shock hits global stocks after the collapse of the truce between Washington and Tehran
Global stocks fell sharply on Wednesday after US President Donald Trump, ceasefire with Iran ends, amid renewed hostilities in the Middle East.
In US Stock Exchanges Dow Jones Industrial Average futures were down 351 points, or 0.67%, by 4:30 a.m. EST, shortly after Trump’s remarks on the sidelines of the NATO summit in Ankara, continuing the decline seen overnight.
Futures tied to the S&P 500 index were down 0.44%, down Nasdaq 100 futures fell by 0.54%.
In European stocks, the STOXX 600 index fell by 1.46%, with all major regional stock exchanges and sectors declining, except for the Oil and gas.
In a related context, Asian and Pacific stocks generally declined on Wednesday, as Japan’s Nikkei 225 index closed with a decline of 2.11%, while the Topix index fell by 1.37%.
The South Korean Kospi index fell by 5.35% and entered a bear market. Hong Kong’s Hang Seng Index extended its gains, rising 3.18% on Wednesday, while China’s CSI 300 Index fell 0.27% in choppy trading.
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