TACO anyone?
Dow futures jump 1,000 points after Trump says U.S. and Iran have held ‘productive’ talks:
The Dow and Nasdaq fell around 2% each last week, while the S&P 500 lost 1.5%.
www.cnbc.com
Stock futures shot higher in a sudden move after President Donald Trump said the U.S. and Iran have held productive talks over the last two days and he was halting any strikes on Iranian power plants and energy infrastructure.
Dow Jones Industrial Average futures jumped 1,100 points, or 2.6% higher. S&P 500 futures jumped 2.7%, and Nasdaq-100 futures added 2.7%.
Those moves came as the Iran war entered its fourth week, with tensions escalating over the weekend. President Donald Trump threatened an attack on Iranian power plants if the Strait of Hormuz — a key shipping route for oil and other energy products — isn’t reopened. Iran responded in turn said it would target U.S. infrastructure, including energy and desalination facilities in the Gulf, if the U.S. carried out its threat.
Who are we going to talk to? Don said everyone in Iran's leadership is dead.
If anything was predictable about the conflict trump got us in to it's that he would blink. Cuz despite he claims to the contrary he did not expect the impact of his ill-fated decision to attack Iran to go this badly with respect to the US economy/stock market.