Markets rebound as Trump hints nearing end of Iran conflict and oil cools

TL;DR Summary
Stock futures edged lower ahead of the open, but the market reversed intraday losses as the Dow rose about 239 points (0.5%), the S&P 500 gained 0.8%, and the Nasdaq jumped ~1.4% after President Trump suggested the Iran conflict could be winding down. Oil prices fell from earlier spikes, with WTI in the mid-$80s and Brent around $84 as energy ministers weigh strategic reserves. Traders await CPI and PCE data this week and earnings from Oracle and Adobe; in after-hours trading, Vail Resorts fell on weak results, while HPE rose and Vertex jumped on positive trial news.
- Stock futures fall as traders weigh Trump's signal that Iran war may soon end: Live updates CNBC
- Live updates: Iran’s next supreme leader is named as oil prices soar CNN
- Follow the Latest News and Analysis on the Iran War Bloomberg
- After Global Economy Shudders, Trump Zigzags on Whether War Is Nearing End The New York Times
- Iran war may end ‘pretty quickly’: What Trump told Republicans Al Jazeera
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