U.S.-Iran Deal Lifts S&P 500 Futures, Sends Crude Below $70
Agreement to reopen Strait of Hormuz triggers 4% drop in oil prices and 0.8% gain in S&P 500 futures in early trade. Stocks and bonds rallied while the dollar weakened after the U.S. and Iran reached a deal to reopen the Strait of Hormuz and lift sanctions. U.S. crude futu