Home World News US Futures Climb, Oil Falls on Iran Peace Deal
World News

US Futures Climb, Oil Falls on Iran Peace Deal

US Futures Climb, Oil Falls on Iran Peace Deal
Key Points

Commodities US Futures Climb, Oil Falls on Iran Peace Deal US equity futures climbed, oil slumped and the dollar fell after President Donald Trump and Pakistani mediators said the US and Iran had reached a peace agreement that would reopen the Strait of Hormuz. S&P 500 futures rose 0.8% in early Asian trading, while the dollar declined against major peers. Brent crude fell more than 3% toward $84 a barrel, after closing last week at the lowest in more than three months, while West Texas...

Commodities US Futures Climb, Oil Falls on Iran Peace Deal US equity futures climbed, oil slumped and the dollar fell after President Donald Trump and Pakistani mediators said the US and Iran had reached a peace agreement that would reopen the Strait of Hormuz. S&P 500 futures rose 0.8% in early Asian trading, while the dollar declined against major peers. Brent crude fell more than 3% toward $84 a barrel, after closing last week at the lowest in more than three months, while West Texas Intermediate was near $81.
US Futures Climb (ORG) Iran (LOCATION) US (LOCATION) Donald Trump (PERSON) Pakistani (ORG) the Strait of Hormuz (LOCATION) Asian (ORG) Brent (PERSON)
Originally published by Bloomberg Markets Read original →