Hope for a US-Iran Deal Pushes Markets Higher
According to reports from The New York Times, Iran may agree to stop keeping enriched uranium as part of a new deal announced by Donald Trump.
Because of this news:
• Oil prices dropped more than 9%
• S&P 500 futures reached a new all-time high
• Investors expect less tension in the Middle East
The two sides are also talking about extending the ceasefire for 60 days and reopening the Strait of Hormuz for ships.
According to reports from The New York Times, Iran may agree to stop keeping enriched uranium as part of a new deal announced by Donald Trump.
Because of this news:
• Oil prices dropped more than 9%
• S&P 500 futures reached a new all-time high
• Investors expect less tension in the Middle East
The two sides are also talking about extending the ceasefire for 60 days and reopening the Strait of Hormuz for ships.