US stock futures slide as Donald Trump signals the Iran war could last for weeks; Dow and Nasdaq futures drop up to 1%.

Donald Trump stated that the United States plans to strike Iran “extremely hard” within the next 2–3 weeks. In a televised address, he added that US forces are expected to “finish the job” soon, with “core strategic objectives nearing completion.”

Following his remarks, US stock futures moved lower, while crude oil prices climbed as expectations of a quick resolution weakened. Investor concerns also grew over possible disruptions to global energy supplies via the Strait of Hormuz.

Despite the earlier volatility, US markets ended Wednesday on a positive note amid signs of easing tensions. The Dow Jones Industrial Average rose 0.48% to 46,565.74, while the S&P 500 gained 0.72% to close at 6,575.32. The Nasdaq Composite outperformed, climbing 1.16% to 21,840.95.

Among major stocks, Nvidia edged up 0.75%, AMD jumped 3.33%, and Alphabet advanced 2.79%. Tesla also gained 2.79%, while Intel surged 8.8%. Smaller-cap names saw strong moves, with Intuitive Machines rising 9% and Planet Labs jumping 10%. In contrast, Nike dropped sharply by 15.5%.