Dow futures rally nearly 1,000 points, oil tumbles below $100 after Trump orders 5-day pause on attacks on Iran power plants

President Trump announced a five-day pause on plans to strike Iranian power plants after talks with Tehran, prompting US stock futures to rally and oil prices to tumble. The development is a short-term de-escalation that pressured energy prices and lifted risk assets, implying a near-term risk-on shift for portfolios.

Analysis

President Trump announced a five-day pause on plans to strike Iranian power plants after talks with Tehran, prompting US stock futures to rally and oil prices to tumble. The development is a short-term de-escalation that pressured energy prices and lifted risk assets, implying a near-term risk-on shift for portfolios.