Archive · 3 Aug 2026
Trump Cancels Iran Attacks, Markets Rise
President Donald Trump said he would not attack Iran, which made the stock market go up.
The Dow, Nasdaq, and S&P 500 futures all gained about 200 points.
Oil prices fell because people thought the war might not happen.
The US dollar also weakened.
Bond markets are watching the Fed’s next move.
US President Donald Trump canceled planned attacks on Iran, calling them the "biggest since World War II."
Dow, Nasdaq, and S&P 500 futures rose nearly 200 points after the announcement.
Brent crude fell about 7 % in early Asia trading, while the US dollar weakened.
OPEC+ agreed to raise output by 1.88 million barrels per day from September.
US 10‑year Treasury yield crossed 4.7 %, with bond markets wary of Fed policy.
- Who
- Donald Trump
- What
- Canceled planned attacks on Iran
- When
- Sunday evening local time
- Where
- United States (Air Force One) and Iran
- Why
- To avoid war after pleas from allies
- President
- Donald Trump
- Action
- Canceled planned attacks on Iran
- Market reaction
- Dow futures up ~200 points
- Oil price change
- Brent crude fell 7%
- Bond yield
- US 10‑year crossed 4.7%