{"id":428281,"date":"2026-03-10T19:50:10","date_gmt":"2026-03-10T12:50:10","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/us-stock-futures-sag-as-hegseth-emphasizes-heavy-attacks-on-iran\/"},"modified":"2026-03-10T19:50:10","modified_gmt":"2026-03-10T12:50:10","slug":"us-stock-futures-sag-as-hegseth-emphasizes-heavy-attacks-on-iran","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-stock-futures-sag-as-hegseth-emphasizes-heavy-attacks-on-iran-428281\/","title":{"rendered":"US stock futures sag as Hegseth emphasizes heavy attacks on Iran"},"content":{"rendered":"<div>\n<p>US Secretary of Defense Pete Hegseth held a briefing at the Pentagon today and said:<\/p>\n<ul>\n<li>Today will be the hardest day of strikes yet<\/li>\n<li>Iran yesterday fired its lowest amount of missiles<\/li>\n<li>Iran made a big mistake by targeting neighbours<\/li>\n<li>Objectives are to destroy Iran&#8217;s navy and defense industrial base<\/li>\n<li>Iran stands alone and is badly losing<\/li>\n<\/ul>\n<p>Separately, a top US general said the US is looking at options if it&#8217;s tasked with escorting ships through the Strait of Hormuz.<\/p>\n<p>Eyes are mostly on Trump after yesterday&#8217;s re-framing of the 4-5 week timeline, saying they&#8217;re far ahead of that. That was clearly a TACO due to the drop in stock markets and jump in oil. In response, we saw the mother of all reversals in the crude market. Today that&#8217;s continued with WTI down $3.91 to $90.85.<\/p>\n<p>But $90.85 isn&#8217;t exactly cheap and is still a problem for inflation and the global economy. The market is giving the US some credit for its ability to claim a victory and move on.<\/p>\n<p>Note this message from Ali Larijani, who is Secretary of the Supreme National Security Council of Iran<\/p>\n<blockquote><p>Strait of Hormuz will either be a Strait of peace and prosperity for all or will be a Strait of defeat and suffering for warmongers.<\/p><\/blockquote>\n<p>Now that partly reads like a threat but it&#8217;s also a plea for peace. The bull case on oil is that the US declares victory and moves on but Iran decides the fight isn&#8217;t over and continues to attack tankers in the strait. This message doesn&#8217;t sound like that&#8217;s going to be the case.<\/p>\n<p>All that said, there is a strong consensus emerging that the US has no interest in regime change or even the 4-5 week bombing campaign that Trump hinted from the outset. Of course, there seems to be some reflexivity in play and if stock markets don&#8217;t fall and oil prices don&#8217;t rise, then Trump might maintain his nerve.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US Secretary of Defense Pete Hegseth held a briefing at the Pentagon today and said: Today will be the hardest day of strikes yet Iran yesterday fired its lowest amount of missiles&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-428281","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=428281"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428281\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=428281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=428281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=428281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}