Stock futures jump after the U.S. and Iran reach a deal to end the war

Summary

• The post reports that U.S. stock futures jumped after a peace deal between the U.S. and Iran ended war fears.
• Oil prices dropped 5% on Strait of Hormuz reopening, and SpaceX’s IPO performed well; the Fed is expected to hold rates steady.
• Quality assessment: Noise – this is a news recap, not original analysis or a trade thesis.