After Trump's tough statement, US stock futures turned lower, while oil prices surged.

July 29th, President Trump stated today that the United States will take action against Iran in response to an attack in Jordan targeting U.S. interests.

According to Bitget market data, following this news, S&P 500 and Nasdaq index futures turned downward, with short-term gains in both oil prices, Brent crude oil breaking through $87, up 2.06% in nearly 1 hour.