Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War Global risk assets, including US equity futures and global markets, as well as Treasuries and precious metals, tumbled as oil soared with Brent hitting $110 this morning after Trump’s late Wednesday speech refused to pivot and dashed hopes that the Hormuz Strait would reopen soon and the war in the Middle East is nearing a swift resolution. As of 8:00am ET, S&P 500 futures dropped 1.7%, reversing yesterday’s short squeeze as investors refuse to add to risk positions ahead of the long weekend when many speculate… — Continue at ZeroHedge News : Read More
