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Jesse Cohen: SPY futures surge on reports of imminent one month ceasefire with Iran
SPY futures jumped following reports of an imminent 'one month ceasefire' announcement involving Iran. Jesse Cohen drew attention to this sharp move in futures, suggesting renewed optimism in financial markets.
No further details on the ceasefire or its specific impact on markets were provided in the tweet.
Cohen previously reported that Dow futures climbed 300 points after statements from Donald Trump about potentially winding down the Iran conflict earlier this year. In a separate incident, he covered concerns over higher oil prices following an Iranian drone attack on a UAE refinery in the region. Both events were closely watched for their immediate impact on markets.
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