U.S. stock index futures fell on Monday evening after President Donald Trump issued a dire warning against Iran over the conflict with Israel, keeping investors uncertain over the geopolitical outlook.
Futures fell after a vastly positive session on Wall Street, where gains in technology stocks put U.S. benchmarks close to record highs.
But sentiment was fragile amid some of the worst fighting between Iran and Israel in over 30 years, while anticipation of a Federal Reserve meeting also kept investors on edge.
S&P 500 Futures fell 0.4% to 6,061.50 points, while Nasdaq 100 Futures fell 0.6% to 22,048.0 points by 20:31 ET (00:31 GMT). Dow Jones Futures fell 0.4% to 42,694.0 points.
Among major aftermarket movers, Verve Therapeutics Inc (NASDAQ:VERV) rallied over 70% after the Financial Times reported Eli Lilly and Company (NYSE:LLY) was close to buying the biotech company for up to $1.3 billion.
Futures fall as Trump calls for Tehran evacuation
Losses in futures came primarily after Trump said in a social media post that “everyone should evacuate Tehran,” as renewed hostilities between the two Middle Eastern powers stretched into a fourth straight day.
It was unclear on what grounds Trump was making the threat, although the president also chided Iran for not accepting a nuclear deal offered by his administration earlier this year.
CBS News reported that despite Trump’s threat, the U.S. was not planning to be involved in the conflict. Reports earlier in the day said Iran was seeking U.S. intervention to ink a ceasefire, although Tehran largely denied reports that a ceasefire was close.
