Wall Street shot higher and global oil futures tumbled Monday after President Donald Trump extended his deadline for Iran to reopen the crucial Strait of Hormuz and said the U.S. would hold off on strikes against Iranian power plants and other energy infrastructure for five days.
At 07:10 a.m., Dow E-minis were up 1,246 points, or 2.72%, S&P 500 E-minis were up 156.75 points, or 2.39%, and Nasdaq 100 E-minis were up 489 points, or 2.03%. Read more