Markets rally as Iran deal closes and SpaceX IPO boosts optimism
TL;DR Summary
Stock futures rose Sunday after President Trump announced completion of a deal with Iran and the Strait of Hormuz reopening, with Dow futures up about 0.7%, S&P 500 futures up 0.9%, and Nasdaq 100 futures up 1.4%. SpaceX's IPO boosted tech sentiment, while oil prices fell on the development. Investors await housing and retail data and a Federal Reserve decision, and markets will be closed Friday for Juneteenth.
- Stock futures jump after the U.S. and Iran reach a deal to end the war: Live updates CNBC
- Oil Slumps as Trump Says Iran Deal Agreed and Hormuz to Reopen Bloomberg.com
- Oil Futures Fall on Expectations of U.S.-Iran Agreement WSJ
- Brent falls to lowest since March on expected peace deal Reuters
- Oil Falls, Stocks Rise as Trump Signals Iran Peace Deal Takes Shape The New York Times
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