S&P 500 Futures Drop 0.4 Percent, Brent Oil Rises 2.2 Percent at Open

S&P 500 futures declined 0.4 percent in early trading while Brent crude futures rose 2.2 percent, according to market data cited by @zerohedge. The moves followed reports that a threat directed at Iran had prompted market reaction at the open.

Traders responded to the reported development by adjusting positions in equity index futures and energy contracts. The price changes occurred within the first minutes of the trading session. No further details on the reported threat or subsequent statements were provided in the coverage.