Dow Futures Rally and Oil Prices Slide As Trump Cancels Iran Strikes
U.S. equity futures rallied sharply on Monday, after President Donald Trump called off planned military strikes against Iran. The de-escalation sent crude oil prices tumbling by roughly 6% to 7%. Simultaneously, the U.S. and Japan executed a joint market intervention to prop up the weakening yen. Financial markets kicked off August with significant movement as … Read more