Dow futures tumble 600 points as Brent crude tops $100, Alphabet and Tesla drop: Live updates

Dow futures dropped 600 points Thursday as Brent crude surged above $100 per barrel on escalating Middle East conflict. Alphabet and Tesla shares fell as investors digested quarterly results from two of the market's largest names.

The oil spike comes as geopolitical tensions intensified, pushing the global benchmark crude past the psychological $100 threshold for the first time since the recent de-escalation. Energy sector volatility added pressure to equity indexes already navigating a heavy earnings calendar.

Alphabet and Tesla both declined in extended trading following their quarterly reports, though the magnitude of the moves reflected broader risk-off sentiment amplified by the commodity surge. The combination of higher oil prices and weakness in mega-cap tech names weighed on market sentiment heading into the session.

The DIA, which tracks the Dow Jones Industrial Average, faced headwinds from both the energy shock and tech earnings disappointment. The 600-point futures decline represented renewed concern that inflationary pressures from crude could complicate the Federal Reserve's policy path while corporate margins face pressure.