S&P 500 futures down 1.6% after Israel launched a series of airstrikes in Iran, killing Iran’s head of Islamic Revolutionary Guard Corps
- Israel launched a series of airstrikes in Iran, leading to the death of commander-in-chief of Iran’s Islamic Revolutionary Guard Corps, Hossein Salami and two top Iran’s nuclear scientists, Fereydoun Abbasi-Davani and Mohammad Mehdi Tehranchi.
- Mohammadhossein Bagheri, chief of the Iranian Armed Forces was also killed in the attacks.
- Iran’s supreme leader, Ali Khamenei vowed to avenge the attacks while Israel’s prime minister Benjamin Netanyahu said the operation will continue for days.
- S&P 500 futures shed 1.6%, Nasdaq 100 lost 1.8%, Dow Jones industrial average dropped 1.4% while oil prices rose more than 9% following the news of the attack.
- US said it didn’t participate in the strike but President Trump was briefed beforehand and his Truth Social post suggests he endorsed it.