U.S. stock futures trended higher after President Donald Trump announced a ceasefire timeline between Israel and Iran. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were up 0.72%, 0.42%, and 0.51%, respectively, at 8:46 p.m. EST, June 23.
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All three major indexes ended Monday’s regular session in green, recovering from geopolitical tensions. Stocks rallied after Iran hit a U.S. base in Qatar in response to U.S. strikes on its nuclear sites. The S&P 500 rose 0.96%, the Nasdaq Composite gained 0.94%, and the Dow Jones climbed nearly 375 points.
Oil prices, which had spiked overnight to their highest levels since January, pulled back sharply on Monday. At the time of writing, U.S. crude futures slipped 3.49% to around $66.12 a barrel.
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