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US Futures Waver as Oil Drops on Iran Hope; SpaceX Extends Gains

US Futures Waver as Oil Drops on Iran Hope; SpaceX Extends Gains
Key Points

US Futures Waver as Oil Drops on Iran Hope; SpaceX Extends Gains Equity futures were slighly higher on Tuesday as rising confidence about a US-Iran agreement sent oil prices lower. SpaceX is set for a more than 50% jump in in first three sessions if premarket gains are sustained. Nasdaq 100 contracts rose 0.3% as of 7:37 a.m. in New York, while S&P 500 futures were up 0.1%.

US Futures Waver as Oil Drops on Iran Hope; SpaceX Extends Gains Equity futures were slighly higher on Tuesday as rising confidence about a US-Iran agreement sent oil prices lower. SpaceX is set for a more than 50% jump in in first three sessions if premarket gains are sustained. Nasdaq 100 contracts rose 0.3% as of 7:37 a.m. in New York, while S&P 500 futures were up 0.1%. Yields on 10-year Treasuries slipped to 4.44% and West Texas Intermediate crude oil dropped about 3% to trade around $78 as the US and Iran prepare to formally sign their interim peace deal in Switzerland on Friday.
US (LOCATION) Oil Drops (ORG) Iran (LOCATION) SpaceX (ORG) New York (LOCATION) Treasuries (ORG) Switzerland (LOCATION)
Originally published by Bloomberg Markets Read original →