US Index Futures Surge

US markets witnessed a sudden surge in futures contracts for major US indices, driven by comments from US President Donald Trump.

According to reports, the US president is considering ending the war with Iran while keeping the Strait of Hormuz closed, which triggered the sharp rise in futures prices.

The futures market activity was as follows:

Futures

Dow Jones futures rose by approximately 1.01%, reaching nearly 45,900 points. Nasdaq futures climbed by 1%, reaching approximately 23,360 points. Finally, S&P 500 futures increased by 0.95%, reaching approximately 6,440 points.

The movement of US indices continues to decline, with the Dow Jones index falling to levels of $44,811, which reinforces the possibility of the index continuing to decline in the long term. The Nasdaq index also declined to levels of $22,782, reaching strong rebound areas that may push the index to correct soon. As for the S&P index, it continued to decline to levels of $6,315, and the movement is still inclined to continue the decline until now.