According to the source, stock futures and major U.S. indexes moved higher while the VIX and oil fell as investors reacted positively to possible progress toward a U.S.-Iran peace deal.
Markets signaled a broad risk-on response to reported progress toward a possible U.S.-Iran peace deal. Sunday night trading showed higher stock futures and a lower VIX, and the cash session opened with the S&P 500 up 0.6%, the Nasdaq 100 gaining 0.7%, and the Dow Jones rising 0.5%. In commodities, West Texas Intermediate crude fell 5.0% and Brent crude dropped 2.0%, indicating a reduced geopolitical risk premium in oil, while gold rose 1.0%, suggesting some continued demand for defensive assets. No confirmed agreement or additional official details were provided in the source material.