Trump's Meeting with Iran Officials Sends Mixed Signals to Markets
US stock futures and oil prices had mixed reactions on Wednesday after US President Donald Trump revealed that officials from the United States and Iran met on the sidelines of the UN General Assembly in New York.
Futures for the S&P 500 and Dow Jones Industrial Average both gained 0.1% while Nasdaq futures were flat, as investors focus on Chinese President Xi Jinping's state visit to Washington and his meeting with Trump, where artificial intelligence is expected to be a key topic.
Oil prices declined after Trump's comments, with Brent crude dipping 0.3% to $98.99 per barrel and US crude dropping 1.1% to $89.84 per barrel.