US Futures Climb as Iran Deal Counters Hawkish Fed: Markets Wrap (opens original article in a new tab)

US equity futures rose and oil prices fell as Trump signed a deal with Iran to ease tensions, while the Fed's hawkish stance kept inflation concerns but markets remained optimistic about AI and tech sectors.

• US equity futures rose after Trump signed a deal with Iran to reopen the Strait of Hormuz
• Oil prices fell as the deal reduced geopolitical tensions and energy supply risks
• Fed's hawkish stance kept inflation concerns but markets remained optimistic about AI and tech sectors
• Global stock indices showed mixed movements with Asian markets rising and European indices falling