Nasdaq 100 jumps 1.3% after Trump says U.S. and Iran will meet tomorrow

U.S. stocks opened sharply higher after President Trump said Washington and Tehran would meet the next day, lifting risk appetite at the open.

Summary

U.S. stocks opened sharply higher, with the Nasdaq 100 up 1.3%, after President Trump said the U.S. and Iran will meet tomorrow. The move points to a risk-on reaction in equities as traders responded to the prospect of direct talks between the two countries, which can ease immediate geopolitical tensions and support sentiment across growth-focused indexes such as the Nasdaq 100.

Terms & Concepts
  • Nasdaq 100: Index of 100 large non-financial Nasdaq-listed companies