Dow futures rose sharply Wednesday as investors bet the Mideast conflict could end quickly, pushing oil prices below $100 a barrel. This optimism followed a massive stock rally yesterday, the biggest one-day gain in a decade. President Trump stated the U.S. would leave Iran within two to three weeks, stating a deal isn't necessary.

His planned update Wednesday could confirm this timeline, potentially boosting markets further. The market's reaction underscores how swiftly geopolitical shifts can impact investor sentiment and commodity prices.