US Futures Rally, Oil Slips as Trump Signs Deal: Markets Wrap

US equity futures surged and oil prices dipped following President Donald Trump's signing of an interim deal to end hostilities with Iran and reopen the Strait of Hormuz, boosting investor confidence. This move came after the Federal Reserve's decision to maintain its hawkish stance, which also played a role in the improved risk sentiment. The deal's significance lies in its potential to stabilize global markets and reduce geopolitical tensions, which had been a major concern for investors. The market's reaction underscores how crucial international relations and central bank policies are in shaping economic trends.