President Trump stated that a large-scale strike against Iran has been called off, and both sides will begin a fresh round of negotiations on Monday. Following this announcement, oil prices declined while U.S. stock index futures advanced.
The S&P 500 futures climbed roughly 0.4%, and the Nasdaq 100 futures gained 0.7%. Meanwhile, Brent crude oil fell as much as 7.3%, dropping to $81.55 per barrel.
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