Middle East Conflict Depresses Wall Street Pre-Bell; Asia, Europe Down

07:08 AM EDT, 06/13/2025 (MT Newswires) -- Wall Street futures pointed lower pre-bell Friday after Israeli warplanes struck nuclear facilities in Iran, and after Tehran vowed retaliation.

In the futures, the S&P 500 fell 1.1%, the Nasdaq declined 1.4%, and the Dow Jones was off 1.1%.

Yields on benchmark 10-year US Treasuries eased, falling under 4.40%, as investors sought safe havens.

Global crude oil prices are up between 8% and 9% in morning action.

Exxon Mobil (XOM) rose 3.7% pre-bell on crude oil outlooks. Other petroleum companies gained as well.

Asian exchanges traded lower overnight, while European bourses tracked solidly south at midday on the continent.

On the economic calendar is the University of Michigan consumer sentiment bulletin for June at 10 am ET, followed by the weekly Baker Hughes domestic oil-and-gas rig count at 1 pm.

In pre-market action, Bitcoin traded at $104,727, West Texas Intermediate crude oil traded higher at $74.05, and 10-year US Treasuries offered 4.38%. Spot gold traded for $3,417 an ounce.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.