Dow Futures Soar 1,200 Points After Trump Postpones All Military Strikes Against Iranian Power Plants For 5 Days

U.S. stock futures soared in Monday’s pre-market trade after President Donald Trump announced that he has instructed the Department of War to postpone all military strikes against Iran’s power plants and energy infrastructure for five days.

Dow Jones Industrial Average (DJIA) futures were up more than 1,200 points, while the S&P 500 and Nasdaq 100 futures were both up nearly 3%.

President Donald Trump on Monday announced that he has instructed the Department of War to postpone all military strikes against Iran’s power plants and energy infrastructure for five days.

“I AM PLEASE TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE AND TOTAL RESOLUTION OF OUR HOSTILITIES IN THE MIDDLE EAST,” President Trump said in a post on Truth Social.

He added that the postponement of military strikes on Iran’s energy infrastructure is subject to the success of the ongoing discussions between the two sides.

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