Dow futures jump over 400 points on hopes of last minute Iran deal; Oil prices fall
This image was generated by AI and may not depict real events.
Dow futures jumped over 400 points on hopes of a last-minute deal between the US and Iran, with oil prices falling as a result. The surge in futures came ahead of a deadline set by US President Donald Trump, with Pakistan's Prime Minister requesting a two-week extension.
Dow futures surged after regular trading on Tuesday, April 7, on hopes of a last-minute deal or extension of the deadline given by US President Donald Trump. The Dow futures jumped as much as 400 points, while the S&P 500 and Nasdaq futures saw gains of 60 points and 240 points respectively. US crude oil prices dropped as much as 4%, to slip below $110 a barrel, and Brent crude ended 0.5% lower at $109 a barrel. The moves came after Pakistan's Prime Minister Shehbaz Sharif requested a two-week extension on social media. The US Dollar index dropped 0.5%, while Gold and Silver prices saw modest gains. The deadline set by Trump was set to expire at 8 PM Eastern Time on Tuesday.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.