DJI: Dow Futures Dive 500 Points amid US Attack on Iran; Oil Prices Surge

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2026.03.02 06:34
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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.