economy
Volume in stock and oil futures surged minutes before Trump's market-turning post
The timing of the earlier volume spikes — across both equities and crude — caught the attention of traders.
TL;DR
- S&P 500 and oil futures experienced unusual volume spikes early Monday.
- These spikes occurred approximately 15 minutes before a social media post from President Trump.
- Trump announced the halting of planned strikes on Iranian power plants and energy infrastructure.
- The announcement led to a rally in S&P 500 futures and a drop in oil futures.
- The timing of the pre-announcement volume spikes drew attention from traders due to potential profitability.