US Stock Futures Rise After Trump Extends Truce With Iran
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Investor optimism this month that the ceasefire between the US and Iran would hold is bearing out, after President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire.
Stocks have been on a tear since the truce was announced two weeks ago, with MSCI’s global gauge up about 7% and AI-themed benchmarks in South Korea and Taiwan rallying more than 13%. US equity futures were up 0.5% on Wednesday.