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US stock futures jump up to 1.7% as oil prices tumble on easing US-Iran tensions
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US stock futures surged up to 1.7% on July 27 as crude oil prices fell sharply amid easing tensions between the US and Iran. The retreat in oil prices improved investor risk appetite, with the Federal Reserve's upcoming meeting also…
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US stock futures jump up to 1.7% as oil prices tumble on easing US-Iran tensions
US stock futures traded sharply higher on Monday, July 27, as investor risk appetite improved following a decline in crude oil prices. The retreat in oil prices came amid easing tensions between the US and Iran, which have been escalating for weeks. Futures for the S&P 500 and Nasdaq jumped up to 1.7%, reflecting renewed optimism in the market. Investors are also closely watching the Federal Reserve's upcoming meeting this week for further cues on monetary policy. The improved sentiment follows a period of heightened volatility driven by geopolitical risks.
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