Dow Futures Soar 1,100 Points as Trump Praises US-Iran Talks, Halts Strikes

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Dow Futures Surge 1,100 Points as Trump Halts Iran Strikes, Citing Productive Talks

FILE PHOTO: A 'Wall St' sign is seen above two 'One Way' signs in New York August 24, 2015. Wall Street opened sharply lower on Monday with the Dow Jones industrial average losing more than a 1,000 points following a more-than 8 percent drop in Chinese shares and a selloff in oil and other commodities. REUTERS/Lucas Jackson/File Photo

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CNBC TV18•23-03-2026, 17:33

Dow Futures Surge 1,100 Points as Trump Halts Iran Strikes, Citing Productive Talks

•Dow Jones Industrial Average futures jumped 1,130 points (2.5%) after President Trump's announcement.
•Trump stated the US and Iran had "very good and productive conversations" over two days.
•He instructed the Department of War to postpone military strikes on Iranian power plants and energy infrastructure for five days.
•Crude prices tanked, with West Texas Intermediate futures falling over 9% and Brent over 13%.
•Iran did not immediately acknowledge talks, but its Foreign Minister spoke with Turkey's counterpart, a past intermediary.

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