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US stock futures plunged Thursday night following Israel's airstrike on Iran. The Dow futures dropped nearly 1.4%, S&P 500 and Nasdaq 100 futures each fell 1.6%. This occurred despite positive US economic data, including a cooler-than-expected producer price index and consumer inflation reports. Oil prices surged over 7%. While some positive economic indicators and potential tariff extensions boosted investor sentiment earlier, concerns about the White House's tariff policy and President Trump's threat of unilateral tariffs limited gains.

Prepared by Christopher Adams and reviewed by editorial team.