A cautious Dow cowered on Friday after President Trump blamed Iran for two tanker attacks in the Persian Gulf. “It was them,” he said. | Source: Win McNamee/Getty Images/AFP (i), Reuters (ii). Image Edited by CCN.
By CCN Markets: The Dow inched toward a cautious session on Friday following President Donald Trump’s blunt assertion that Iran owns the blame for attacks on two tankers in the Gulf of Oman.
Dow Edges Lower; Nasdaq Suffers Steep Drop
All of Wall Street’s major indices prepared to suffer opening bell declines. As of 9:07 am ET, Dow Jones Industrial Average futures had dropped 43 points or 0.16% to 26,078; that set the DJIA up for a 50.77 point decline.
S&P 500 futures declined 0.24% to 2,891.5.
Nasdaq futures fared the worst, as plunging chip stocks caused the tech-heavy index to slide 0.66% to 7,499.5.
Trump on Iran: ‘It Was Them’
Speaking in a Fox News interview on Friday Morning, President Trump blamed Iran for attacks on two tankers in the Persian Gulf.
“Well, Iran did do it, and you know they did do it because you saw the boat,” Trump said. “They didn’t want the evidence left behind. . . . It was them that did it.”
“They’re a nation of terror,” he added, according to a Washington Post transcript. “They’re in deep, deep trouble.”
President Trump, calling into Fox News on his birthday, talks about tanker attacks:
“Well, Iran did do it… It was them that did it and”