Dow Surges 560 Points After Trump Calls Off Iran Attack
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- The Dow Jones jumped 560 points as oil prices dropped sharply following Trump's decision to call off a planned Iran attack, with the S&P 500 and Nasdaq futures also rising and bond yields easing per Yahoo Finance.
- Reuters offered a counterpoint to the 'oil-crash' framing, reporting oil gained over 2% separately as talks to end the US-Iran war remained uncertain.
Why it matters: Markets priced in immediate de-escalation after Trump scrapped the Iran strike, with the Dow up 560 points and bond yields easing, but Reuters' note that oil actually gained 2% as peace talks stayed shaky signals traders haven't fully bought the peace — energy markets remain split on whether the attack cancelation holds.
