Global stocks soar and oil prices drop as U.S., Iran reach tentative deal to end war
· CBC.ca
AI Briefing
- • Global stocks rise as US and Iran reach tentative deal to end war and reopen Strait of Hormuz.
- • Oil prices drop more than $4 a barrel on news of deal, boosting world markets.
- • US stock futures point up before opening bell, S&P 500 futures up 1.2%
Source Summary
Oil prices fell more than $4 US a barrel on news of a deal to end the fighting, as world markets responded positively to the developments. Wall Street futures also pointed up before the opening bell.
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