Netanyahu agrees to postpone response to Iran missile attack, easing geopolitical tensions and lifting S&P 500 futures.
Israel has delayed retaliating against Iran following a request from former U.S. President Trump during a call with Prime Minister Netanyahu. Netanyahu reportedly “more or less agreed” to wait several days to allow negotiations to proceed, despite grim appearances of talks.
Earlier, S&P 500 futures were down 0.6% but have since trimmed losses to 0.2%. Oil prices remain elevated, with WTI crude up $2.38 at $92.93. The shift follows growing concerns over escalating Middle East tensions and their potential impact on global markets.
The move suggests a temporary de-escalation, though the long-term outlook remains uncertain. Market participants are closely monitoring developments for signs of further stability or renewed conflict.