Trump’s Iran Call Shakes Markets | US News

US News Today | 2 Min News | The Daily News Now! · Jul 8, 2026 · 1m

Trump’s abrupt declaration that the Iran deal is “over” sent shockwaves through markets, triggering a six percent oil surge, a plunge in Nasdaq futures to a four-week low, and a rush for safety as investors braced for Middle East turmoil. Energy stocks rose on the back of higher crude prices, while travel firms tumbled amid fears of rising fuel costs. With Fed minutes looming and inflation still a top concern, markets brace for at least one more rate hike by end of 2026 — and volatility spiked as gold and Bitcoin fell, signaling a flight from risk. Listen in comfort:Get a discount on a Soli…