US Markets Surge as Trump Delays Iran Strikes After Reports of Productive Conversations

US stock indexes rallied after Donald Trump announced a five-day delay of military strikes against Iranian energy infrastructure following what he termed productive conversations.Iranian Parliamentary Speaker Mohammad Baqer Qalibaf denied any direct communication took place despite reports of meetings involving US envoys Steve Witkoff and Jared Kushner.Global oil prices dropped more than ten percent while investors reduced expectations for a December interest rate hike by the Federal Reserve.
Published:24h
Tags
Read more
Discuss