Stock market numbers were displayed as traders worked on the floor of the New York Stock Exchange during morning trading on Thursday in New York City. (PICS/ AFP)
Updated On: 2026-04-02 11:28 PM IST
Compiled by : Anushree Gaikwad
The decline came a day after U.S. President Donald Trump said the Iran war would continue, pushing oil prices higher and rattling investor sentiment
Oil rose more than 10 per cent and US futures tumbled Thursday after President Donald Trump said in his first national address since the Iran war began that the United States will escalate its campaign in the coming weeks
Futures for the S and P 500 tumbled 1.5 per cent before the opening bell, while futures for the Dow Jones Industrial Average lost 1.4 per cent
Thursday is the last day of trading this week due to the Good Friday holiday. Markets have not posted a weekly gain since the war began in late February
The price US crude on Thursday actually shot higher than the type of crude that has been bottled up by the near closure of the Strait of Hormuz
