US stock futures rally on de-escalation between US and Iran; crude and commodities decline as risk-off sentiment eases.
Macro & Markets ·
US stock index futures moved higher following a halt in strikes between the US and Iran, with the Nasdaq 100 gaining 1.2%, the S&P 500 rising 0.7%, and the Dow Jones up 0.6%. Oil prices declined sharply amid the easing geopolitical tension, with WTI crude falling 8.0% and Brent dropping 6.0%, while gold edged up 0.7%.