The Dow Jones plunged 400 points Friday as Israel launched major attacks on Iran. Nvidia and Tesla sold off on the stock market today.

Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line,

"The conflict is propelling inflation expectations via the cost of crude oil … on worries that supplies could be disrupted in the region." Indeed, crude oil futures jumped 7.3% Friday to finish at $72.