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HomeMarket NewsUS Stock Market LIVE Updates: Stock futures jump as US offers Iran plan to end conflict
US Stock Market LIVE Updates: US stock futures rose on Wednesday (March 25) after reports that the United States presented Iran with a plan to end the ongoing conflict, causing crude oil prices to fall.
US Stock Market LIVE Updates: US stock futures rose on Wednesday (March 25) after reports that the United States presented Iran with a plan to end the ongoing conflict, causing crude oil prices to fall. Futures tied to the Dow Jones Industrial Average gained 406 points, or 0.8%. S&P 500 futures rose 0.8%, while Nasdaq 100 futures advanced 0.9%.
A 15-point peace proposal from the US fanned optimism among traders that President Donald Trump is serious about winding down the war that has upended energy markets around the world. Still, Iran has yet to comment on the proposal and so far has kept up attacks on neighbouring states, leaving some investors skeptical that a ceasefire will materialise.
In US pre-market trading, miners such as Newmont Corp and Freeport-McMoRan Inc were among the biggest gainers. Arm Holdings Plc jumped 12% on plans to generate about $15 billion annually within five years from chip sales.
Watch this space for all the LIVE US stock market updates.
