India, May 26 -- Iran has threatened to retaliate after U.S. forces targeted Iranian missile sites in the country's southern region and boats trying to place mines. The U.S. has described the strikes as a matter of self-defense.
Oil prices rose sharply on Tuesday. Gold prices fell toward $4,500 an ounce. Spot gold tumbled 1.2 percent to $4,516.60 an ounce.
Asian shares finished mostly up, while European shares are trading broadly higher.
Initial trends from the U.S. Futures Index suggest that Wall Street might open higher.
As of 7.50 am ET, the Dow futures were up 305.00 points, the S&P 500 futures were adding 50.50 points and the Nasdaq 100 futures were progressing 310.00 points.
On the economic front, the Chicago Fed National Activit...