Markets rebound after talks
U.S. indexes popped on Monday after President Trump said talks with Iran were “productive,” with the S&P 500 up about 1.15–1.21%, Nasdaq +1.28–1.38% and the Dow +1.38–1.56% on the session (cnbc.com). Tech heavyweights outperformed—NVDA +2.32%, AAPL +1.83%, MSFT +0.58%—while outliers included FMC jumping 10.54% and ENPH sliding 6.69% (x.com).
President Trump said he had instructed the Pentagon to postpone any strikes on Iranian power plants and energy infrastructure for five days and described recent U.S.-Iran conversations as “very good” and “productive.” (bloomberg.com) Oil markets tumbled: West Texas Intermediate plunged roughly 10% intraday to about $88 per barrel and briefly traded near $84, while Brent slid below $100, a one-day drop not seen since the conflict began. (tradingeconomics.com) U.S. equity trading saw violent swings as futures and cash markets cheered the de‑escalation — Dow futures jumped more than 1,000 points and the blue‑chip index opened up roughly 631 points before gains eased. (cbsnews.com) Safe‑haven flows reversed: the 10‑year Treasury yield fell about 4–6 basis points to roughly 4.35% and the dollar softened after the president’s announcement. (cnbc.com) Iran publicly denied any direct or indirect talks with Washington, with state media and parliamentary officials saying no negotiations occurred — a response that helped trigger a partial rebound in oil and a pullback in early equity gains. (aljazeera.com)