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Futures Jump As Dip-Buyers Return After After Iran Truce Holds
Futures Jump As Dip-Buyers Return After After Iran Truce Holds
Stock futures are higher, completely reversing yesterday's drop with dip-buyers out in force as a fragile ceasefire between the US and Iran held after a day of clashes and sentiment is helped by a pullback in oil prices, with Brent crude futures down 1.4% as well as the US move to return 22 Iranian crew from a seized vessel. The conflict “might need to escalate in order to de-escalate,” making any market weakness a chance to add positions in stocks, according to JPMorgan strategists who...
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