India, June 10 -- The U.S. Futures is trending lower on Wednesday after Iran launched retaliatory strikes on the U.S. bases in Kuwait, Behran and Jordan. This is in response to the US claim that it had carried out a series of strikes on Tehran's military sites for downing a helicopter.
Asian shares finished mostly lower, while European shares are trading down.
In the Asian trading hours, the dollar was steady while gold prices tumbled below $4,200 an ounce.
Oil prices reversed earlier gainsBrent crude futures fell toward $91 a barrel.
Earlier signs from the U.S. Futures Index suggest that Wall Street might open significantly lower.
As of 7.50 am ET, the Dow futures were falling 435.00 points, the S&P 500 futures were sliding 73.00 poin...