News Of U.S.-Iran Ceasefire Likely To Spark Rally On Wall Street

S&P 500 futures were up roughly 2.6%, pointing to a sharply higher open after stocks recovered from an earlier slump and finished the prior session little changed. Expect an early rally and short-term risk-on positioning at the open, though there is limited fundamental news in the report to indicate a sustained market move.

Analysis

S&P 500 futures were up roughly 2.6%, pointing to a sharply higher open after stocks recovered from an earlier slump and finished the prior session little changed. Expect an early rally and short-term risk-on positioning at the open, though there is limited fundamental news in the report to indicate a sustained market move.