U.S. and Iran Sign MOU: 8 Key Items Shaping the Stock Market Thursday
Triple witching, Apple to boost prices and other headlines are moving stocks this morning.
These are the early headlines and other items poised to influence the market at the start of the trading day. As we share this collection of market drivers, futures point to a positive start to the trading day when U.S. equities begin trading later on Thursday morning.
1. The U.S. and Iran have remotely signed their memorandum of understanding to end the war and open the Strait of Hormuz, and the agreement is now in effect, two U.S. officials told Axios. President Trump signed the agreement, one official said, and Trump later confirmed it. The signing was supposed to happen in Switzerland on Friday, but a diplomat from a mediating country and a second source familiar told Axios earlier on Wednesday that there had been discussions about signing and implementing it sooner. (Axios)
This is some welcomed news from the market and helps explain…