Equity futures extended yesterday’s gains (SPX +0.5%, NDX +0.6%) after President Trump said he foresaw ending the war on Iran within two to three weeks, suggesting the US had largely accomplished its military goals and would leave it to other nations to resolve issues with the Strait of Hormuz. On Tuesday, equities rocketed higher with SPX +2.9% and NDX +3.8%.
Trump indicated that it was possible that Iran could still reach a deal with the US during that timeframe but said an agreement with Tehran was not necessary for the war to end. Trump added the US would leave when Iran was not able to obtain nuclear weapons and claimed the regime now in power was better than the leadership before the war.“I had one goal. They will have no nuclear weapon, and that goal has been attained,” Trump said.On Tuesday night, White House Press Secretary Karoline Leavitt said in a post on X that Trump would address the nation Wednesday night “to provide an important update on Iran.”The copyright of this article belongs to the original author/organization.
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