June S&P 500 E-Mini futures (ESM26) are trending up +0.56% this morning as sentiment improved after U.S. President Donald Trump indefinitely extended the ceasefire with Iran.
President Trump said on Tuesday he would extend the ceasefire with Iran indefinitely, attributing the breakdown in negotiations to what he described as a “seriously fractured” leadership structure in Tehran. Mr. Trump noted that the U.S. would refrain from launching new attacks but maintain its blockade of Iran’s ports until Tehran presents “a unified proposal.” Meanwhile, an Iranian official told local media that the country had received “some sign” the U.S. is ready to lift the blockade, without providing further details.
