Stocks Surge, Oil Drops on Iran Tensions
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
US stock futures inched up Tuesday night, following a strong close to the first quarter, as investors welcomed signs of easing tensions with Iran. S&P 500 and Nasdaq futures rose slightly, while Dow futures remained steady. The previous day saw all major indexes post their best gains in over a month, as oil prices fell in response to potential diplomatic progress. Trumps hints at a possible resolution in the conflict boosted stocks and dampened energy prices, demonstrating the markets sensitivity to geopolitical news. Looking forward, Wednesdays data releases, including retail sales and manufacturing index, will provide insights into the economys health as the new quarter begins.
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