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Dow soars 1,400 points, oil plunges near $90 as Trump announces two-week ceasefire with Iran

By New York Post April 08, 2026 Bullish
Dow soars 1,400 points, oil plunges near $90 as Trump announces two-week ceasefire with Iran
US stock futures surged Wednesday morning as oil plunged near $90 after a two-week ceasefire with Iran narrowly avoided President Trump's 8 p.m. ET bombing deadline, and included the reopening of the Strait of Hormuz.
US stock futures surged Wednesday morning as oil plunged near $90 after a two-week ceasefire with Iran narrowly avoided President Trump's 8 p.m. ET bombing deadline, and included the reopening of the Strait of Hormuz.