Stock futures jump, oil prices fall
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The U.S. and Iran have reached a peace agreement to end the war, with the final signing expected to be on June 19 in Switzerland.
Oil futures marked their biggest one-day decline in two weeks Wednesday after President Donald Trump suggested that a deal with Iran was close, raising hopes for a resolution to the months-long stalemate in the Middle East.
Major stock indexes finished sharply lower and oil prices jumped Wednesday. President Donald Trump said Iran would "pay the price" for failing to strike a peace deal with the U.S. The Dow Jones Industrial Average dropped more than 950 points to close below 50000.
