Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting
Investors were bullish on Sunday evening as the U.S. and Iran continued to halt their attacks on each other, providing space for negotiations that could reopen the Strait of Hormuz.Recommended Video Meanwhile, Wall Street is also looking ahead to a busy week of tech earnings and the Federal Reserve’s policy meeting. Futures tied to the Dow Jones industrial average surged 337 points, or 0.65%. S&P 500 futures jumped 0.80%, but Nasdaq futures shot up 1.28%.
- ▪Investors were bullish on Sunday evening as the U.S. and Iran continued to halt their attacks on each other, providing space for negotiations that could reopen the Strait of Hormuz.Recommended Video Meanwhile, Wall Street is also looking ah
- ▪Futures tied to the Dow Jones industrial average surged 337 points, or 0.65%.
- ▪S&P 500 futures jumped 0.80%, but Nasdaq futures shot up 1.28%.
4 outlets in our directory ran this story, first to last over 3 hours. Coverage spans 2 points on the political spectrum — 1 lean left, 2 centre.
- ▪ Oil prices ease after US and Iran pause their attacks — ABC News — US
- ▪ Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall Street awaits busy week - Morningstar — Google News
- ▪ Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall Street awaits busy week — MarketWatch — Top Stories
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Investors were bullish on Sunday evening as the U.S. and Iran continued to halt their attacks on each other, providing space for negotiations that could reopen the Strait of Hormuz.Recommended Video Meanwhile, Wall Street is also looking ahead to a busy week of tech earnings and the Federal Reserve’s policy meeting. Futures tied to the Dow Jones industrial average surged 337 points, or 0.65%. S&P 500 futures jumped 0.80%, but Nasdaq futures shot up 1.28%. South Korea’s Kospi index, which has been a bellwether for global stocks lately, climbed 74 points, or 1.1%, as chip heavyweights SK Hynix and Samsung reached new deals. U.S. oil prices tumbled 5.44% to $84.45 a barrel, and Brent crude dived 5.25% to $91.70. Gold rose 1.15% to $4,118 per ounce.
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