Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall Street awaits busy week

Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall Street awaits busy week

The calm in the U.S.-Iran conflict has led to a surge in stock-index futures and a significant drop in oil prices, reflecting reduced geopolitical tensions. This development comes as Wall Street braces for a crucial week with the Federal Reserve's meeting and major earnings reports from tech giants. The pause in hostilities suggests a temporary reprieve from market volatility, but investors remain cautious given the ongoing global economic uncertainties and the potential for future escalations.

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