Wall Street Rebounds on Trump’s Iran Talk Claims, but Futures Surge Before His Post Raises New Questions
Stock-index futures fell 0.4% Tuesday after Iran denied President Trump’s claim of talks, reversing Monday’s rally that saw the Dow jump 631 points and oil prices plunge. Brent crude rebounded above $101 as traders reassessed risks from ongoing conflict and disruptions in the Strait of Hormuz. Iran launched new missile attacks on Israel, and analysts warned Brent could reach $150 if shipping remains blocked.