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Equity Futures Advance Pre-Bell, Oil Drops as US Announces Iran-Israel Truce
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Equity Futures Advance Pre-Bell, Oil Drops as US Announces Iran-Israel Truce
Jun 24, 2025 1:53 AM

04:26 AM EDT, 06/24/2025 (MT Newswires) -- US equity futures were up in recent premarket activity Tuesday, while oil fell following the announcement of a ceasefire deal between Iran and Israel that US President Donald Trump said he brokered.

"The ceasefire is now in effect," Trump said in a social media post. "Please do not violate it."

Dow Jones futures were up 0.6%, while S&P 500 futures advanced 0.8%. Nasdaq futures were 1.1% higher.

Oil dropped on the news, with West Texas Intermediate crude futures down 2.9% at $66.51 and Brent falling 3% to $68.41.

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