Premarket: Wall Street futures advance over 1% as markets cheer Iran deal
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Article Excerpt
Premarket: Wall Street futures advance over 1% as markets cheer Iran deal
PUBLISHED 36 MINUTES AGO
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Futures tracking Wall Street’s main indexes jumped more than 1 per cent each on Monday as investors cheered a preliminary pact struck between the U.S. and Iran to end the more than three-month conflict and reopen the strategic Strait of Hormuz.
The framework for a deal, however, did not address sticking issues such as Iran’s nuclear program and the conflict between Lebanon and Israel. The agreement is expected to be officially signed on Friday in Switzerland.
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