--- title: "DJI: Dow Futures Dive 500 Points amid US Attack on Iran; Oil Prices Surge" type: "News" locale: "en" url: "https://longbridge.com/en/news/277414645.md" description: "Dow futures dropped 500 points following US strikes on Iran, causing a risk-off sentiment in global markets. Gold and silver prices surged as investors sought safe havens, while oil prices jumped nearly 10% due to concerns over supply disruptions. The UAE closed its stock exchanges for two days to mitigate selling pressure amid escalating tensions. Market volatility is expected to persist as the situation develops, with potential impacts on inflation and central bank policies." datetime: "2026-03-02T06:34:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277414645.md) - [en](https://longbridge.com/en/news/277414645.md) - [zh-HK](https://longbridge.com/zh-HK/news/277414645.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277414645.md) | [繁體中文](https://longbridge.com/zh-HK/news/277414645.md) # DJI: Dow Futures Dive 500 Points amid US Attack on Iran; Oil Prices Surge Key points: - Stock futures deep in red - Markets digest Iran war - Gold, silver soar, Bitcoin flat Equity markets weren’t too excited about the opening bell today. UAE said its markets will be closed for two days amid ongoing bombing. 💥 **Futures Flash Deep Red** - Futures on the Dow Jones sank roughly 500 points ahead of Monday’s opening bell, after weekend US strikes on Iran jolted global markets. S&P 500 and Nasdaq futures also slid, signaling a risk-off open before Wall Street even had coffee. - Geopolitical shocks tend to hit equities first, especially when uncertainty clouds growth and energy prices spike simultaneously. Traders reduce exposure fast when headlines escalate. - Gold jumped around 1.5% and silver soared above $95 as capital rotated into traditional safe havens. Bitcoin was flat and boring near $66,000 with virtually no reaction to events. 🛢️ **Oil Rockets Higher** - US crude surged roughly 10% in early trade as investors priced in the risk of supply disruption. Iran remains one of OPEC’s largest producers, and leadership uncertainty adds another layer of unpredictability. - The Strait of Hormuz, a narrow passage handling a significant share of global oil shipments, now sits squarely in focus. Any disruption there could amplify price volatility. - Higher oil feeds directly into inflation expectations. Energy costs ripple through transport, manufacturing, and consumer prices, complicating central bank policy. 🌍 **Regional Markets Pause** - The UAE announced its stock exchanges will close for two days to avoid heavy selling amid ongoing retaliatory strikes. That is a rare but telling move. - Market closures highlight how quickly geopolitical conflict can spill into financial systems, particularly in energy-sensitive regions. - For global equities, the next steps hinge on escalation risk. If tensions stabilize, markets may recover. 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