US Stock Futures Rise On Trump War Remarks Report: Markets Wrap
US stock futures rose after President Donald Trump reportedly told aides he's willing to end the US military campaign against Iran. The news led to a 1% increase in S&P 500 Index futures and a 1.3% drop in West Texas Intermediate crude oil.
Stocks gained after a report that President Trump is willing to end the US military campaign against Iran. This news came after Iran struck a Kuwaiti crude oil carrier in Dubai, causing oil prices to jump. The S&P 500 Index futures rose 1% and West Texas Intermediate crude oil slipped 1.3%. The Middle East conflict has rattled global markets, driving crude oil prices higher and adding to price pressures. The US stock market has been affected, with the S&P 500 on track for its biggest monthly drop since 2022. The yield on 10-year Treasuries declined three basis points to 4.32%.
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