
June S&P 500 E-Mini futures (ESM24) are down -0.37%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.53% this morning as worries of a conflict escalation in the Middle East weighed on sentiment following reports of Israel’s strikes on Iran.
ABC News reported on Friday that Israel had launched a retaliatory strike against Iran, citing a senior U.S. official. Later confirmations of the strike were reported by the Wall Street Journal and other media outlets. Iran’s semi-official Fars news agency reported an explosion near Isfahan early Friday, where the country has nuclear facilities and a drone factory. At the same time, state television conveyed that nuclear facilities in the city are completely safe.