Global Stocks Soar, Oil Plunges Amidst Renewed Iran Deal Hopes

Futures, Global Stocks Soar To All Time High, Oil Plunges On Endless "Iran Deal" Drumbeat

Futures, Global Stocks Soar To All Time High, Oil Plunges On Endless "Iran Deal" Drumbeat US equity futures jumped and global stocks rose to record highs as crude oil fell after officials signaled - once again - that the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened while precious metals and crypto bounced from Friday's drop. While the US and Iran closed in on a deal, Trump said he won’t “rush” into an agreement. The de...

By Tyler Durden