Nasdaq 100 Futures Jump 2% After Trump Postpones Iran Strikes, Signals 'Very Productive' Talks as Oil Tumbles

President Donald Trump said the United States and Iran have made meaningful progress toward easing tensions, announcing a temporary pause in planned military action that immediately lifted market sentiment.

In a post on Truth Social, Trump stated that the U.S. and Iran had engaged in "very good and productive conversations" over the past two days, aimed at achieving a "complete and total resolution" of hostilities in the Middle East. He added that the discussions were "in-depth, detailed, and constructive," and are expected to continue throughout the week.

Based on the tone of those talks, Trump said he had instructed the Pentagon to postpone any military strikes targeting Iranian power plants and energy infrastructure for a five-day period. The delay, he noted, is conditional on the success of ongoing negotiations.

The announcement marks a notable shift from Trump's earlier hardline stance. Just days prior, he had issued a 48-hour ultimatum to Tehran, demanding the reopening of the Strait of Hormuz to global shipping or face sweeping attacks on its energy facilities. That warning came amid escalating conflict in the region and reports of intensified Iranian military actions.

The decision to delay strikes signals a potential de-escalation at a critical moment, particularly as global energy markets remain sensitive to disruptions in the Strait of Hormuz, a key artery for oil shipments.

Financial markets responded swiftly. Nasdaq 100 futures surged roughly 2% following the news, as investors priced in reduced geopolitical risk and a lower probability of near-term military escalation. The move reflects a broader relief rally in risk assets, especially in technology stocks that tend to be sensitive to macro uncertainty and interest rate expectations. Meanwhile, oil futures once fell more than 11% following Trump's remarks.

While uncertainty remains, Trump's latest signal suggests a possible diplomatic off-ramp from what had been a rapidly intensifying conflict, with markets now closely watching whether these "productive" discussions translate into a sustained easing of tensions.