US stocks drop premarket amid tensions with Iran

Friday, 14. June 2019 10:35

Shares on Wall Street were in the red in Thursday's premarket trade as tensions with Iran mount following attacks on tankers in the Gulf of Oman, for which State Secretary Mike Pompeo blamed Tehran. The Islamic Republic denied the claims and called for dialogue. Meanwhile, Washington sent its guided-missile destroyer USS Mason to the Persian Gulf.

International Energy Agency (IEA) Director Fatih Birol stated this morning that the attacks on tankers, two in one month, pose a "major concern" to the global energy security and the oil markets.

The Dow Jones Industrial Average index was down 0.16% at 4:34 am ET. The Nasdaq 100 dipped 0.51% at the same time, while the S&P 500 sank 0.19% in premarket trade.

The euro was flat against the dollar at 4:35 am ET, buying $1.12802.

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Breaking the News / NI