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Barchart
Barchart
Oleksandr Pylypenko

S&P Futures Climb on Hopes of Middle East Conflict Resolution, U.S. ADP Jobs Report and Retail Sales Data on Tap

ADP Middle East Donald Trump United States Oil Jeff Schmid US Federal Reserve Iran the Middle East BOJ

June S&P 500 E-Mini futures (ESM26) are trending up +0.51% this morning as oil prices fall and risk appetite improves on hopes for an imminent end to the conflict in the Middle East.

President Trump told reporters in the Oval Office on Tuesday that the U.S. plans to leave Iran within two to three weeks. Trump suggested that Iran could still strike a deal with the U.S. during that timeframe, but said an agreement with Tehran was not required for the war to conclude. On Tuesday night, White House Press Secretary Karoline Leavitt said in a post on X that Trump would address the nation on Wednesday evening “to provide an important update on Iran.”

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