U.S. stocks jump to best day in 2 months on hopes for a deal to get crude flowing globally again
U.S. stocks rallied to their best day in two months, and oil prices fell Thursday after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes for a potential deal that could get the global flow of oil going again.
TL;DR
- U.S. stocks rallied significantly, marking their best day in two months.
- Oil prices decreased on Thursday.
- President Donald Trump canceled his threat to bomb Iran.
- The cancellation of the threat raised hopes for a potential deal.
- A deal could potentially restart the global flow of oil.