US Futures Climb, Oil Falls on Iran Peace Deal: Markets Wrap (opens original article in a new tab)

US futures rose, oil fell, and the dollar declined after reports of a US-Iran peace deal that would reopen the Strait of Hormuz.

• US equity futures increased after reports of a US-Iran peace deal.
• Oil prices declined following the announcement of the potential agreement.
• The US dollar fell in response to the news of the peace deal.