<div id="readability-page-1" class="page"><div id="ctl00_CPI_dvBody"><div><div><p>Add <img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png"/> as your preferred news source on Google</p><div><p><img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png"/> Add Now</p></div></div></div><p> Initial cues from the U.S. Futures Index suggest that Wall Street might open significantly down on Thursday, as there are no signs of de-escalation for the Middle East conflict. U.S. President Donald Trump has warned to hit Iran 'extremely hard' over coming weeks. He has not suggested any clear end date for the crisis.</p><p>Oil prices soared. Gold prices plunged, while the dollar and bond yields surged. Spot gold tumbled 2.9 percent to $4,621.81 an ounce.</p><p>As of 7.55 am ET, the Dow futures were falling 697.00 points, the S&amp;P 500 futures were sliding 110.25 points and the Nasdaq 100 futures were down 512.75 points.</p><p>The U.S. major averages remained firmly positive on Wednesday's close. The Nasdaq jumped 250.32 points or 1.2 percent to 21,840.95, the S&amp;P 500 climbed 46.80 points or 0.7 percent to 6,575.32 and the Dow rose 224.23 points or 0.5 percent to 46,565.74.</p><p>On the economic front, the International Trade in Goods and Services for February will be released at 8.30 am ET. The consensus is for a deficit of $60.1 billion, while the deficit was $54.5 billion in the prior month. </p><p>The Jobless Claims for the week will be issued at 8.30 am ET. The consensus is 213K, while it was up 210K in the prior week. </p><p>The three-year and 10-year  Treasury Notes auction will be held at 11.00 am ET. </p><p>The Fed Balance Sheet for the week will be published at 4.30 pm ET. In the prior week, the Level was at $6.65 trillion. </p><p>The Baker Hughes Rig Count for the week will be revealed at 1.00 pm ET. In the prior week, the North America rig count was 696 and the U.S. rig count was 543.</p><p>Dallas Fed President Lorie Logan will participate in fireside chat before the Eleventh District Banking Conference hosted by the Federal Reserve Bank of Dallas at 10.15 am ET. </p><p>Asian stocks tumbled on Thursday. China's Shanghai Composite index dropped 0.74 percent to 3,919.29.</p><p>Hong Kong's Hang Seng index fell 0.70 percent to 25,116.53. </p><p>Japanese <span>markets</span> tumbled. The Nikkei average slumped 2.38 percent to 52,463.27 while the broader Topix index settled 1.61 percent lower at 3,611.67.</p><p>Australian markets ended lower after Trump vowed more aggressive strikes on Iran. The benchmark S&amp;P/ASX 200 index ended down 1.06 percent at 8,579.50. The broader All Ordinaries index fell 1.25 percent to 8,774.90. </p><p>For comments and feedback contact: editorial@rttnews.com</p><p>Business News</p></div></div>

NDAQ

<p>Initial cues from the U.S. Futures Index indicate a significant drop for Wall Street at the open on Thursday, amid ongoing Middle East tensions. President Trump has threatened to strike Iran 'extremely hard,' contributing to market volatility. Dow futures fell 697 points, S&P 500 futures dropped 110 points, and Nasdaq 100 futures decreased by 512 points. Oil prices surged while gold prices fell sharply. Asian markets also experienced declines, with China's Shanghai Composite down 0.74% and Japan's Nikkei down 2.38%.</p>

- Initial indicators show that Wall Street is likely to open significantly lower due to ongoing Middle East tensions and warnings from U.S. President Donald Trump regarding Iran.  
- Oil prices have surged while gold prices dropped by 2.9 percent, and U.S. stock futures indicate substantial declines, including a 697-point fall for Dow futures.  
- Economic data releases, including U.S. trade deficit figures and jobless claims, are anticipated, while Asian markets also faced declines amid regional reactions to the conflict.

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Wall Street Sees Red At Open