Trump Calls Off ‘Massive Attack’ on Iran as Talks Resume: Dow Futures Gain 204 Points, Oil Plunges Nearly

Late Sunday, U.S. stock futures moved higher and crude prices tumbled as President Donald Trump said he had called off a planned attack on Iran and would resume negotiations with Tehran on Monday.

US Futures Rise as Oil Prices Slide

Dow futures rose 204.00 points, or 0.39%, to 52,839.00, while S&P 500 futures gained 32.00 points, or 0.43%, to 7,551.25. Nasdaq 100 futures advanced 181.50 points, or 0.64%, to 28,585.75 as of around 8:37 p.m. EDT.

In commodities, WTI crude oil plunged 4.96% to $80.47 per barrel, while Brent crude fell 4.80% to $83.71 per barrel. Natural gas futures rose 0.58% to $2.763 per MMBtu.

Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of currencies, stood at 99.504, down 0.30% on the day.