Late Sunday, U.S. stock futures surged and oil prices tumbled as President Donald Trump announced that a framework agreement to end the conflict with Iran had been completed.
Markets Rally As Investors Price In End To US-Iran Conflict
Dow futures rose 380.00 points, or 0.74%, to 51,607.00, while S&P 500 futures gained 72.25 points, or 0.97%, to 7,507.25 and Nasdaq 100 futures advanced 480.25 points, or 1.62%, to 30,142.25 as of around 8:50 p.m. EDT.
In commodities, WTI crude oil fell 4.61% to $80.97 per barrel, while Brent crude declined 3.92% to $83.91 per barrel. Natural gas futures slipped 1.92% to $3.06 per MMBtu.
Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of currencies, stood at 99.568, down 0.24%.
