India, Oct. 22 -- Dow Jones Industrial Average futures plummeted today, dropping 0.56% to 0.68% to hover around the 52,744 to 52,764 mark. This sharp pullback effectively halts a strong multi-day, tech-led rally where the major indices, including the S&P 500, logged multiple consecutive sessions of gains.

Key Drivers Behind the Drop

Escalating Geopolitical Tensions & Oil Spikes: International energy markets reacted sharply to reports that the U.S. and Israel are mapping plans for renewed strikes against Iran. Brent crude futures jumped roughly 3%, clearing the $111-$112 per barrel range. Separate drone strikes hitting Saudi Aramco facilities and regional geopolitical alerts further accelerated a rush toward safe-haven assets.

Corporate...