Stock Futures Rally, Oil Drops After U.S.-Iran Deal
U.S. stock futures and global markets rose after the U.S. and Iran agreed on an interim peace deal that would reopen the Strait of Hormuz.
Oil Plunges as U.S., Iran Reach Deal to Reopen Hormuz But Outlook Remains Uncertain
The agreement marks the first major step toward ending a nearly four-month conflict. However, uncertainty over the pace of recovery is expected to keep crude above prewar levels.
Eurozone Industrial Production Picked Up Again in April
