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.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing