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%.
Crude prices tanked after Trump’s post. West Texas Intermediate futures
dropped more than 9% to below $90 a barrel. International benchmark Brent
fell more than 13% to below $97 a barrel.
“I am pleased to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East,” wrote Trump in a Truth Social post. “Based on the tenor and tone of these in depth, detailed, and constructive conversations, which will continue throughout the week, I have instructed the Department of War to postpone any and all military strikes against Iranian power plants and energy infrastructure for a five day period, subject to the success of the ongoing meetings and discussions.”
https://www.cnbc.com/2026/03/22/stock-market-today-live-updates.html