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Futures Rebound, Oil Slides As Dip Buyers Fade US Bombing Of Iran

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US stock futures rebounded strongly overnight after initially falling as much as 1% to 5,970 after the weekend escalation in the Iran-Israeli war where the US bombed three key nuclear facilities in Iran, to eventually rise as much as 0.3% before fading again as US traders came to their desks, while Europe traded near session lows. As of 8:00am ET, S&P futures are down 0.1% while Nasdaq 100 futures drop 0.3% with Mag 7 names mixed, as TSLA outperforms (+1.5% after the Robotaxi launch), META (+0.4%) and GOOG/L (+0.4%). Bond yields reversed an earlier rise, only to slump sharply just before 8am ET, the US dollar surges as the world remembers just what the flight to ...

ZeroHedge Opinion     Jun 23, 2025