Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’

U.S. stock futures jumped and oil prices tumbled on Sunday after the U.S. and Iran confirmed they reached a deal that would reopen the Strait of Hormuz, after weeks of dashed hopes.Recommended Video Futures tied to the Dow Jones industrial average leapt 267 points, or 0.52%. S&P 500 futures were up 0.79%, and Nasdaq futures surged 1.26%. U.S. oil futures sank 3.8% to $81.65 a barrel, while Brent crude tumbled 3.4% to $84.35. Gold rose 1.6% to $4,307.30 per ounce. The U.S. dollar was down 0.35% against the euro and dow 0.20% against the yen. The yield on the 10-year Treasury was flat at 4.483%. “Deal with the Islamic Republic of Iran is now complete.

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