US Stock Market Live: Dow futures sink 500 points after Israel strikes Iran; Crude oil surges

US Stock Market Live: Futures on Wall Street have tanked following reports of Israel's strikes on Iranian locations, also leading to a surge in crude oil prices. The Dow futures are down 500 points, while the S&P 500 and Nasdaq futures are down 80 and 350 points respectively. Israel's defence minister has declared a 'special situation' post the country's attack on Iran.

US Stock Market Live: Futures on Wall Street have tanked following reports of Israel's strikes on Iranian locations, also leading to a surge in crude oil prices. The Dow futures are down 500 points, while the S&P 500 and Nasdaq futures are down 80 and 350 points respectively. Israel's defence minister has declared a 'special situation' post the country's attack on Iran. Brent Crude has surged past the $73 per barrel mark, while Gold prices have also advanced towards the $3,450 an ounce mark. Wall Street's session on Thursday was aided by a better-than-expected wholesale inflation print and a strong demand for the 30-year bond auction. The street will be closely watching for the developments around Israel and Iran, along with any possible response from China, with regards to the two-day talks between the two countries. Watch this space for all the Live updates.