New Delhi, April 2 -- US stock futures crashed on Thursday, April 1, following a speech by US President Donald Trump that dampened hopes of an imminent end to the military conflict with Iran.

Trump's comments soured the more upbeat sentiment that followed remarks earlier this week that he would consider ending the war with Iran before reopening the Strait of Hormuz, a critical trade waterway, which has now become an epicentre of tensions, with the US attempting to seize control of it.

Futures of the three key indices-the Dow Jones Industrial Average, the S&P 500, and the Nasdaq-were trading higher in the range of 1.5%-2%.

In the previous session, all three benchmark indices had registered strong gains on expectations that Washington mi...