Summary
Oil prices went up and U.S. stock prices went down because of doubts about a ceasefire deal between the U.S. and Iran. The uncertainty caused small losses in stock index futures. This follows recent gains after President Trump's announcement of the ceasefire.
Key Facts
- Oil prices rose early on Thursday.
- U.S. stock index futures, including the S&P 500, Nasdaq, and Dow Jones, showed small losses before the market opened.
- The stock declines came after previous gains of 2.5% to 3% in these indices.
- President Trump announced a two-week ceasefire with Iran on Tuesday.
- Doubts about how long the ceasefire will last arose after Israeli attacks in Lebanon.
- Hundreds were affected by the Israeli strikes in Lebanon.
- Iran closed the Strait of Hormuz again after the attacks in Lebanon.
